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INVESTMENTINDUSTRIAL ZONE

Vietnam house of 324 industrial parks

Updated at Sunday, 08 Jan 2017, 11:25
The Hanoitimes - Vietnam has had 324 industrial parks (IPs) with a combined area of 91,800 hectares, of which 61,700 hectares were for lease, accounting for 67% of the total area of IPs as of December last year, according to the Economic Zone Management Department under the Ministry of Planning and Investment.
As of early December, there were 324 industrial parks (IPs), including 44 foreign-invested ones, across the nation with a combined area of 91,800 hectares, of which 61,700 hectares were for lease.
The total area of IPs' land leased reached 31,800 hectares, the occupancy rate was about 51%. The occupancy rate in operational IPs across the country has reached 73 percent.
The southeast region is home to 109 IPs, accounting for 34 percent, followed by the Red River Delta with 83 IPs (26 percent) and the southwest region with 52 IPs (16 percent).
The total registered capital of the 324 investment projects in IPs’ infrastructure facility was recorded at 3.46 billion USD and 240 trillion VND (10.56 billion USD). Of which 1.54 billion USD and 94 trillion VND (4.13 billion USD) has been disbursed, accounting for 44 percent and 41 percent of the total registered foreign and domestic capitals, respectively.

 
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As of the end of November this year, all IPs nationwide attracted a total 6,947 FDI projects with 110.2 billion USD in registered capital. Of which 66.8 billion USD has been disbursed, or 60.7 percent of the total registered capital.
Meanwhile, domestic projects operating in IPs were 6,464, with the total registered capital of 705.6 trillion VND (30 billion USD), half of which has been disbursed.
Director of the Department Tran Duy Dong said that the government should continue to improve the planning of IPs in relations with plans on socio-economic development such as those on land use, industries, urban zones, residential zones, among others.
Beside, the number and scale of IPs will be decided in accordance with local conditions while ensuring the effectiveness of land use, according to the official.
The monitoring and supervision should be promoted to make sure IP development attach to planning, he noted.
Translated by Thu Minh
Source: Nhandan
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