Eco-industrial parks are important to counter climate change, developing the green industry, ensuring energy security, and demonstrating the Government's political determination to sustainable development, said insiders.
The Ho Chi Minh City Industrial and Export Processing Zones Management Board (HEPZA) has set a target to increase the average investment per hectare of industrial land to 15 million USD by 2025 from the current 6.32 million USD.
The HCM City People’s Committee wants changes made to a proposal to convert industrial parks and export processing zones into eco-industrial and high-tech zones by 2025.
Economic and industrial parks nationwide drew 539 foreign-invested and 615 domestic projects with a total registered capital of 12.8 billion USD last year despite COVID-19 pandemic, up 15 percent annually, reported the Ministry of Planning and Investment (MoPI).
More than 1,300 companies and factories in export processing zones (EPZs), industrial parks (IPs) and hi-tech parks (HTPs) in Ho Chi Minh City, or 92 percent of the total, have reopened so far, according to the HCM City Export Processing Zone and Industrial Park Authority (HEPZA).
Industrial parks (IPs) and economic zones in the northern province of Quang Ninh have so far attracted over 22.4 trillion VND (Over 970 million USD) in the first six months of 2021.
Ho Chi Minh City’s authorities plan to offer competitive land rents and other incentives at industrial parks (IPs) and export processing zones (EPZs), and earmark more land for building infrastructure to attract investment.
Ho Chi Minh City aims to have 1,000 MWp of rooftop solar power capacity installed by 2024 in its industrial parks, export processing zones and high-tech parks, up from 700MWp now.
The northern province of Ha Nam has become an attractive destination for domestic and foreign investors thanks to the locality’s transparent investment policies and mechanisms.
The northern province of Hai Duong attracted over 365 million USD of foreign direct investment (FDI) in the first four months of this year, up 26.2 percent year-on-year, according to local authorities.
The southern province of Dong Nai has so far attracted 1,378 foreign-invested projects with total registered capital of 28.5 billion USD, according to the provincial People’s Committee.
The rate of land rental in the industrial parks (IPs) and industrial clusters in the southern province of Binh Duong has reached 80.8 percent and 70.6 percent, respectively.
The northern province of Bac Giang will plan the development of new industrial parks in the locality from 2020 – 2030, according to Tran Vu Thong, Vice Head of the province’s IP management board.
Hanoi has focused efforts on improving administrative procedures and business climate as well as priority mechanisms to develop industrial parks and attract more investments in its IPs this year.
Industrial parks located in mountainous areas or far from downtown Dong Nai province have caught eyes of more investors since early 2016 thanks to local efforts to develop transport infrastructure.
The Electricity of Vietnam’s Northern Power Corporation (EVNNPC) has devised measures to ensure a stable electricity supply for industrial parks (IPs), according to EVNNPC Chairman Thieu Kim Quynh.
The central province of Thua Thien- Hue aims to attract 20 projects to its economic zones (EZs) and industrial parks (IPs) with total registered capital of some 6 trillion VND (264.3 million USD).
The southeastern province of Binh Phuoc is calling for investment in 13 industrial parks (IPs) with a total area of 4,500 hectares to boost its industrialisation.
The occupancy rate in operational industrial parks (IPs) across the country has reached 73 percent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.
