Occupancy rate of industrial parks reaches 73 percent

The occupancy rate of operational industrial parks (IPs) across the nation hit 73 percent in 2018, the Ministry of Planning and Investment’s Department of Economic Zone Management has said.
Occupancy rate of industrial parks reaches 73 percent ảnh 1An aquatic product processing factory in My Tho Industrial Park in My Tho city, Tien Giang province (Photo: VNA)

Hanoi (VNA) – The occupancy rate of operational industrial parks (IPs)across the nation hit 73 percent in 2018, the Ministry of Planning andInvestment’s Department of Economic Zone Management has said.

As of the end of 2018, the country had 17 coastal economic zones (EZs)established on a total land and water area of over 845,000ha. In addition, planshave been outlined to build the Nhan Co EZ in Nam Dinh province.

Currently, there are 326 IPs across 63 cities and provinces, 250 of which are operational.The rest are under construction or awaiting land clearance.

Morethan 87 percent of the active IPs had their own waste water disposal plantswith a capacity of 950,000 cubic metres per day.

The total registered and adjusted capital of the 1,060 foreign investmentprojects at all IPs and EZs was reported at 8.3 billion USD at the end of 2017.By December 2018, IPs andEZs nationwide attracted 7,500 domestic projects worth a total of 970 trillionVND (41.75 billion USD), and some 8,000 foreign projects with the total capitalof over 145 billion USD.

In an effort to improve efficiency of IPs and processing zones, the Department of EconomicZone Management will complete a legal framework to lure more domestic andforeign investments, ensuring that they fit local potential and socio-economicdevelopment orientation.

Amendments should be made to assure clearer and more transparent investmentprocedures, the department said, adding that prudent assessment is a must tochoosing quality projects which make contributions to state budget, improving thequality of human resources, and protecting the environment.

The department will study and propose that competent authorities build andissue a law on industrial parks. –VNA  
VNA

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