Supporting industries manufacture materials, accessories, and spare parts to produce finished goods. Supporting industries and manufacturing goods industries have a close relationship creating a promotion factor for strong development of main industries.
In Nhon Hoi A Industrial Parkapart from attracting key investment projects and industries, Saigon - Nhonhoi Industrial Park Corp - the owner of Nhon Hoi A IP also makes an attempt to call for supporting industries to form a close industry linkage chain for enterprises in the IP, thereby growing a strong IP ecosystem.
Focus on attracting major industries and supporting industries at the same time
Until now, Nhon Hoi A Industrial Park has successfully attracted 52 investors with various investment projects including key industries and supporting industries such as pharmaceutical industries, food and beverage industries, biotechnology, medical equipment, packaging, processing of Agriculture - Forestry - Seafood, processing wood and forest products, textile industry, producing office products…
The investment and development of food processing and pharmaceutical industries have become a bright magnet, driving the growth of the whole industrial park. That directly determines the socio-economic development and increases the local production values. Meanwhile, Binh Dinh Pharmaceutical Medical Equipment Joint Stock Company (Bidiphar), Binh Dinh Pharmaceutical Technology Joint Stock Company (Bitechphar); Tingco Binh Dinh Joint Stock Company, An Hai Seafood Company Limited are typical enterprises that have rented over 30 hectares to operate their projects in the IP. As a result, it has led to businesses producing supporting industrial products, catering to the production chain, packing complete goods before being put on the market such as Dpack Co., Ltd, Thien Phuc New Technology Joint Stock Company, Eco Nhon Hoi Printing & Packaging Co.,Ltd, and other enterprises.
Supporting industries create industry linkages for businesses
Supporting industries can be seen as a direct stimulation in creating added value for key industries, helping to increase the competitiveness of major industrial products, and is a vital link in the overall economic development of Nhon Hoi A Industrial Park. The quality of final output products of key industrial products like pharmaceuticals, cosmetics, and medical equipment depends on the quality of supporting industrial products such as packaging, accessories, and materials.
That Nhon Hoi A IP attracts investment and develops supporting industries has created a chain of industry linkages for businesses as well as formed production links between enterprises in the industrial park. Consequently, enterprises have improved production capacity, applied advanced production technology through business investment cooperation.
SNP strives to attract investment in supporting industries in the coming time.
Supporting industries are becoming more and more significant, with their typical functions in the manufacturing industry, the development of supporting industries increases the attractiveness of the investment environment and accelerates economic growth and socialization. Economic groups as well as domestic and foreign investors prioritize building factories in areas where they are provided with support products so they can save production costs, and increase competitiveness.
Therefore, in the coming time, SNP will focus on promoting investment attraction in supporting industries with 'clean' and environmentally friendly technologies, giving chances to attract key industries with high scientific and technological content. Besides, the company also creates a basis for attracting domestic and foreign investors; thus driving sustainable growth, and promoting the development of key industries in Nhon Hoi A Industrial Park.
With the dynamism and acumen together with suitable road trip, Nhon Hoi A Industrial Park will flourish actively and sustainably.
