Water supply to Formosa-invested industrial park cut over unpaid bills
Phu My Water Supply JSC, a local firm in the southern province of Ba Ria-Vung Tau, has cut water supply to the My Xuan A2 Industrial Park over unpaid bills.
At a Wednesday meeting with Ba Ria-Vung Tau Vice Chairman Nguyen Cong Vinh, the firm said that the facility, invested by Taiwan-invested Formosa International Development Corporation (FIDC), had unpaid bills amounting to VND15.4 billion ($631,700).
Ba Ria-Vung Tau Vice Chairman Nguyen Cong Vinh (center) chairs a meeting with representatives of businesses and the My Xuan A2 Industrial Park in the southern province, January 4, 2023. Photo courtesy of Ba Ria-Vung Tau newspaper.
Many businesses located in the industrial park also complained about the FIDC. They said that Formosa had suddenly tripled wastewater treatment charges in November 2023 to VND15,300 ($0.63) per cubic meter. Per their land lease contracts with FIDC, the increase must not exceed 15% every two years, they noted.
Others complained that the FIDC had made itself the sole provider of some services like sewage, waste treatment, wastewater treatment, restaurants and event hosting.
The 400-hectare My Xuan A2 Industrial Park is home to 41 businesses with over 11,000 workers in apparel-textile, leather, electronics, packaging, plastics, medical items, home appliances and other industries.
Firms from mainland China, South Korea, Taiwan, Singapore and the U.S make up a majority of the businesses.
Vinh asked Phu My Water Supply JSC to restore water supply for businesses in the industrial park. He also requested provincial industrial park authorities to review FIDC’s activities towards identifying solutions that ensure mutual benefit - of both the industrial park investor and businesses located therein.
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