Business

HCM City to modernise IPs with high-tech, green economy models

In addition, HCM City plans to develop 14 new industrial parks covering a total area of 3,833 hectares.

Vice Chairman of the HCM City People’s Committee Vo Van Hoan speaks at the event (Photo: nhandan.vn)
Vice Chairman of the HCM City People’s Committee Vo Van Hoan speaks at the event (Photo: nhandan.vn)

HCM City (VNA) – As part of its new development phase, Ho Chi Minh City plans to retain its entire industrial land fund while pursuing a comprehensive transformation strategy to enhance quality and restructure its industrial parks toward high technology, as well as the digital and green economy, according to Pham Thanh Truc, Deputy Head of the Management Board of the HCM City Export Processing and Industrial Zones Authority (HEPZA).

The information was announced at a conference jointly held on May 9 by HEPZA and the People’s Committee of Binh Chanh district to unveil the master plan for HCM City’s industrial parks for the 2021–2030 period, with a vision to 2050, along with investment promotion strategies for 2025.

HEPZA has committed to creating the most favourable conditions for investors in newly established export processing zones. These efforts include streamlining administrative procedures, promoting digital transformation, offering investment incentives and support policies, and enhancing investment promotion and marketing activities.

Currently, HEPZA is working with infrastructure developers to pilot the transformation of five existing export processing and industrial zones, namely Tan Thuan, Hiep Phuoc, Tan Binh, Cat Lai, and Binh Chieu. These zones will be restructured into high-tech industrial parks, eco-industrial zones, integrated industrial–urban–service complexes, and logistics centres.

In addition, HCM City plans to develop 14 new industrial parks covering a total area of 3,833 hectares. These parks will follow the smart industrial zone model, specialising in key sectors with interregional and intersectoral linkages. The goal is to attract strategic investment in core industries, clean industries, and high technology.

Speaking at the event, Vice Chairman of the HCM City People’s Committee Vo Van Hoan urged HEPZA to devise detailed plans to implement the zoning strategy and attract investment into the industrial parks. He also called on the 17 existing export processing and industrial zones to proactively develop proposals for technological upgrades, encouraging enterprises to gradually transition to clean and green technologies.

“The development of HCM City’s industrial sector will create momentum and drive growth across the Southeast region. This must be done in a spirit of sharing, cooperation, and regional integration,” Hoan said.

He emphasised that the city’s industrial growth must prioritise green technology, digital transformation, and eco-industrial models./.

VNA
#industrial land fund #HEPZA Ho Chi Minh City
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