Business

Dong Nai IPs see high rate of occupancy

The southern industrial hub of Dong Nai has formed 32 industrial parks (IP) with a total area of over 10,222 hectares, 31 of which have been operational with the occupancy reaching 81.93 percent, according to the Dong Nai IP Management Board.
Dong Nai (VNA) – The southern industrial hub ofDong Nai has formed 32 industrial parks (IP) with a total area of over 10,222hectares, 31 of which have been operational with the occupancyreaching 81.93 percent, according to the Dong Nai IP Management Board.

Since the beginning of this year, 64.94 hectares of the local IPshave been rent, surpassing the target of 60 hectares, mostly in Giang Dien, AnPhuoc, Loc An-Binh Son, Nhon Trach 6 and Dau Giay IPs.

Due to impact of COVID-19 pandemic, many sectors have faceddifficulties, forcing them to reduce production scale and investment.

Over 18 million USD has been invested in infrastructure systemin the IPs, raising the total investment in the system to nearly 674 millionUSD, basically completing the IP’s infrastructure.

Due to limited industrial land for lease, the board willprioritise projects with large investment, high rate of technology, and environmentfriendly.

Under a planning for IP development in 2020, Dong Nai will have35 IPs covering 11,748 hectares. Three more IPs are expected to be developed,along with the expansion of a number of operational ones.

Following Dong Nai’s request, the PM has agreed to increase theIP area in the province to 2020 to 6,500 hectares./.
VNA
#Dong Nai #industrial parks (IP) #COVID-19 pandemic #infrastructure system #IP development #Vietnam #Vietnam news #Vietnam News Agency Dong Nai
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