City leader encourages EPZ to develop high added value industries

Tan Thuan Export Processing Zone (EPZ) should continue developing high-tech industries and support industry in the upcoming time, said deputy chairman of the city People’s Committee Le Thanh Liem at the celebration on the 25th anniversary of its establishment yesterday.

A hi-tech production line at Tan Thuan EPZ, District 7, HCMC

In addition, it should continue improving technical infrastructures and workers’ lives, transferring from labor intensive industries into hi-tech processing and manufacturing to increase products’ added value, he said.

Mr. Liem asked relevant agencies to positively support the zone’s management to implement one door mechanism to facilitate the implementation of investment projects, solve arising problems and attract more investors.

The agencies and especially District 7 should give the zone assistances to do export import procedures, connect with surrounding roads, develop human resources, protect the environment and better the caring of workers’ life.

At the anniversary, the city People’s Committee granted Tan Thuan Ltd Company a certificate of merit and traditional flag for remarkable contribution to the city’s development.

Director General of Tan Thuan EPZ Tsao Chung Hung said that the company has attracted 192 businesses from 20 nations with the total registered capital of US$1.8 billion. Of these, 181 companies have increased investment capital.

The zone’s export turnover has totaled US$3.8 billion and products have been exported to 43 nations.

By Ai Van – Translated by Hai Mien

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