Hai Duong attracts further investment in industrial zones

Industrial zones (IZs) in the northern province of Hai Duong have attracted more investment since early this year, according to the provincial management board of IZs.

Illustrative image (Source: VNA)

As of late October, the province granted licences to 13 foreign-invested projects worth over 103.3 million USD, approved the additional capital of more than 318.6 million USD to 32 FDI projects. It also licensed seven domestic projects with a total registered capital of 642.6 billion VND (27.93 million USD), and revised five others up by 71.53 billion VND.

At the Cam Dien-Luong Dien IZ in Cam Giang district, the Vietnam-Singapore Industrial Park (VSIP) attracted 10 more investors, raising the total number of investors in the park so far to 11 with a total capital of 235 million USD.

Local IZs have lured 252 projects to date, including 196 foreign ones that account for nearly 78 percent of the total, with a total registered capital of over 3.92 billion USD, creating jobs for more than 93,000 workers.

As many as 205 projects are underway, making up 81 percent of the total licensed ones.

Hai Duong is completing the master plans on the Tan Truong IZ, as well as the first stage of the Dai An IZ as well as the detailed plan of the Gia Loc IZ, and has suggested that the Government expand several IZs and complete the construction of concentrated wastewater treatment stations at the Cong Hoa and Lai Cach IZs.

Next year, the locality plans to grant licences to 20 foreign-invested projects worth about 100 million USD and adjust the capital of 20 others by roughly 100 million USD.

Three domestic projects valued at about 100 billion VND are also expected to be licensed, while nearly 50 billion VND will be added to two other projects.

The province will pay attention to stepping up detailed master plans, attracting infrastructure investment in several industrial zones and clusters, and adjusting a project on infrastructure construction at the Viet Hoa-Kenmark IZ.

The board will also actively guide investors on the legal procedures for investment and trade activities.

VNA

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