HCM City’s EPZs, IPs to be upgraded to hi-tech parks

Ho Chi Minh City’s Department of Planning and Architecture is preparing a plan to turn several industrial parks (IPs) and export processing zones (EPZs) into hi-tech industrial parks.

Illustrative image (Photo: VNA)

HCM City (VNA) – Ho Chi MinhCity’s Department of Planning and Architecture is preparing a plan toturn several industrial parks (IPs) and export processing zones (EPZs) intohi-tech industrial parks.

The hi-tech industrial parks willuse modern technology such as automation, robots, design software,and other advanced technologies.

The move is part of the city’sindustrial infrastructure development plan for 2020 – 2045 on which thedepartment is working.

As part of land planning, priority will begiven to industrial infrastructure, supporting industries, and hi-techindustries.

Existing industrial parks will also beupgraded, and incentives will be offered to encourage investment in theparks./.

VNA

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