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Home / Why would Toyota expand the plant by 9.1 hectares?

Why would Toyota expand the plant by 9.1 hectares?

Date posted: 05/ 07/ 2018 - The poster: admin

Based on the assessment and development of the Vietnamese automobile market, TMV always expects to develop automobile production in Vietnam. Therefore, TMV has decided to expand the area to upgrade and expand the chain to increase capacity to more than 90,000 cars per year.

2 years of operation, contributing $ 8 billion

On June 12th, a meeting was held at the Government Office on the expansion of the Toyota plant in Phuc Yen (Vinh Phuc province). Previously, the People’s Committee of Vinh Phuc Province sent an official letter to the Prime Minister reporting on the problem of leasing land for expansion of Toyota Motor Vietnam (TMV).

According to the People’s Committee of Vinh Phuc province, TMV always endeavors to contribute positively to the development of Vietnam’s automobile industry, supporting industry, as well as social security with many social contribution activities. real and solid.

Every year, TMV contributes about US $ 1 billion (23,000 billion) to the state budget, bringing the total amount of tax payments in the 22 years of operation to approximately US $ 8 billion.

Over the past 03 years (2015, 2016, 2017), after-tax revenue of TMV has reached more than 1.255 billion USD – more than 1.484 billion USD – over 1.587 billion USD and the amount of TMV paid to the state budget over the years $ 946 million – $ 1.5 billion – $ 1 billion respectively.

With that in mind, with the development of the company, TMV is providing stable employment for over 1,900 employees at TMV and nearly 34,000 employees at the dealership and supplier network. This is the result of the efforts of TMV during the past 22 years.

Based on the assessment and development of the Vietnamese automobile market, TMV always expects to develop automobile production in Vietnam. As a result, TMV has decided to expand its land area to meet the requirements of the Government’s Decree 116/2017 / ND-CP as well as to upgrade and expand the line. production to increase capacity to 90,000 vehicles per year (expected in 2023).

With the expansion and upgrading of the above mentioned capacity, as calculated in the proposal file of TMV, after raising the production output, the TMV tax payment to the state budget will be increased.

According to the actual situation, the project capacity of TMV is fully in line with the socio-economic and socio-economic development objectives of the Master Plan for Socio-Economic Development in Ho Chi Minh City. Phuc Yen to 2020 and vision to 2030, the master plan for socio-economic development has been approved. TMV’s development investment project is one of the biggest projects in Vietnam’s automobile industry development approved by the Government.

The expansion of TMV’s production project is completely in the planning and strategic orientation of automobile development in Vinh Phuc province. The expansion of TMV’s production capacity will contribute to promoting the development of Vinh Phuc industry in particular and the development of the automobile industry and other supporting industries in Vietnam in general. More employment opportunities for laborers, especially those trained in high technology, contribute to increasing local and national budget revenues.

Offer to expand the area of ​​about 9.1 hectares

In order to achieve the expected capacity, TMV would like to lease land to expand the project with an area of ​​about 9.1 hectares in Phuc Thang and Hung Vuong. Phuc Yen (Vinh Phuc), adjacent to the south of the project area of ​​TMV was granted the land use certificate No. 00002 / QD / LDNN dated 20/10/1995 of Vinh Phuc People’s Committee Phuc Thang Ward, Vinh Yen (Vinh Phuc province).

According to the People’s Committee of Vinh Phuc Province, the source of land for expansion of the project is mainly agricultural land allocated to households and individuals. Accordingly, the location of the land to expand the project is located in the key industrial development areas of the province if only the area of ​​land has been allocated to TMV and Honda Vietnam Company hired to implement the project more than 40 hectares of land The land area of ​​a large-scale industrial complex.

According to the construction master plan, this is the industrial development area of ​​Vinh Phuc province in line with the general planning of Vinh Phuc town to 2030 with a view to 2050 approved by the Prime Minister. with the construction plans of Vinh Phuc province approved.

According to the land use planning in line with the revised land use plan up to 2020, Vinh Phuc’s final land use planning (2016-2020) was approved by the Government in Resolution No. 49 of 2018 .

Faced with difficulties?

According to the People’s Committee of Vinh Phuc province, in order to expand the factory area, the province is facing difficulties in implementing land procedures for the area applied for plant expansion in accordance with the provisions of the Land Law. 2013.

Specifically, under the provisions of the Land Law, foreign-invested enterprises implementing commercial, service and production projects outside industrial parks and industrial clusters do not fall into the case of land recovery by the State. (Article 62 of the Land Law of 2013) nor is it permitted to agree to receive transfer of land use rights as restricted by Articles 191 and 16 of the Land Law 2013.

Decree 116 of the Government’s Roadmap 2017 must be completed before April 2016, while the construction of the test track of TMV is expected to take about 6 years.

According to Vietnammoi.net

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