Electronics industrial clusters to be piloted

The Ministry of Planning and Investment has instructed localities to review and report on the development of industrial zones with investment projects in the electronics industry with a scale starting from 20 million USD.
Electronics industrial clusters to be piloted ảnh 1Khai Quang Industrial Park in Vinh Phuc province. (Photo: VNA)

Hanoi (VNS/VNA)
— The Ministry of Planning and Investment hasinstructed localities to review and report on the development of industrialzones with investment projects in the electronics industry with a scalestarting from 20 million USD.

The reports will be used to pilot a scheme on the establishment ofelectronic industrial clusters to attract investment from leading local andglobal corporations to invest in developing high-quality hardware, software,digital content and information technology services, and electronic products.

The reports will cover the development of industrial zones with projectsin the electronics industry of over 20 million USD; the current status ofindustrial zones with more than 30 percent area of electronics projects;mechanisms, policies and difficulties; and proposals for the establishment ofelectronics industrial clusters.

Localities should include projects being implemented by leadingglobal corporations, including satellite projects involved in supplying rawmaterials, components and accessories.

The ministry also asked localities to list operating projects, revenue, importand export value, and budget remittance in 2019.

The ministry estimated that industrial and economic zones across the countryattracted 591 foreign investment projects in the past 10 months, withnew and additional registered capital of about 8.3 billion USD.

They have brought the total number of foreign investment projects to10,055 with total registered capital of about 198 billion USD.

The country established 369 industrial zones in the 10 monthscovering 113,300 ha of natural land.

The area of industrial land was about 73,600ha, accounting for about 65 per \centof the total.

Of these, 280 industrial parks had been put into operation with total naturalland covering 82,800ha.

Industrial land accounted for about 56,600ha, ofwhich 39,800ha had been leased by investors, reaching anoccupancy rate of 70.1 percent./.
VNA

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