Industrial parts (IPs) in Vietnam have attracted nearly US$5 billion in foreign direct investment (FDI) in the first 11 months of this year, representing an on-year increase of 50 per cent, the Ministry of Planning and Investment (MPI) reported.
The figure includes $3.83 billion in 281 newly-licensed projects and the rest is from the capital rise, the MPI said.
By late November this year, Vietnam had 137 IPs with a total area of over 29,000 ha. Among those, 83 parks covering 18,000 ha have come into operation and those remaining, on over 10,000 ha, are under construction.
Most of the industrial zones are located in the country's southern region, which had an estimated 64 IPs covering an area of 16,146 ha, accounting for 55 per cent of the total area designated for zones, said the ministry.
The northern region had 24 zones over an area of 4,414 ha, according for 15.2 percent of the total area, while the central region had for 10 IPs covering over 2,000 ha or 8.2 percent of the designated land area.
The country's IPs have, so far, attracted over 4,900 projects, including 2,348 foreign invested projects worth $20.27 billion and domestic projects worth VND121 trillion ($7.6 billion).
They have utilized 52 percent of the land designated for them, with the rate standing at 72 percent for IPs that were already operational, the ministry reported.
The Government also issued a list of 115 more IPs to be set up and 27 existing ones to receive incentives for expansion by 2015. Among local regions, the Red River Delta is set to take the lead with 31 planned IPs, including the 400ha An Hoa IP in Thai Binh province, the 300ha Dong Anh and Soc Son IPs in the capital Hanoi, and the 200ha Minh Duc and Vinh Phuc IPs in Hung Yen province.
The country has also set an ambitious goal to attract around $36-39 billion of investment into over 6,000 projects in IPs from now to 2015.
VNA
Vietnamese
