At the event (Photo: VNA) Hai Phong (VNA) – The ManagementBoard of HaiPhong Economic Zone Authority (HEZA) held a workingsession with a delegation from Danzhou city, the Chinese province of Hainan onAugust 10.
Head of the board Le Trung Kien briefed the guests about the overview of Hai Phong, highlightingthat the city possesses all five major transportation modes - road,sea, rail, inland waterway, and air. The northern port city is one of the three important economicgrowth poles in the northern key economic region.
Hai Phong is also aiming toward a free trade zone modelthat is closely integrated with the development of a modern logistics service hubin the city, especially amid the new context, he said, adding that the city isexpanding 15 industrial parks (IPs) on a site of 6,418ha and 23 industrialclusters spanning a total area of 973 ha. The goal is to add an additional 15 IPsand 23 industrial clusters meeting modern standards by 2025.
In the first half of this year, the total foreign directinvestment in the city hit 1.98 billion USD, or 165% compared to the sameperiod last year, achieving 99% of the annual plan. Cumulatively, there are 872active foreign-invested projects worth 26.15 billion USD at present. Among them,146 projects come from China with a total registered capital of approximately 1.1billion USD.
Among the 42 countries and territories investing in thecity, China ranks third in terms of the number of projects and sixth in value.
Hai Phong always creates the most favourable conditions andwishes to receive support and bilateral cooperation from partners andinvestors, Kien said.
Zou Guang, Secretary of the Danzhou PartyCommittee and head of the delegation, wishes to learn from experience inmanaging seaports, logistics. He also talked about the Free Trade Zone inHainan and proposed several bilateral cooperation contents./.
