IP-Based Enterprises Report US$17Bln Industrial Value
As many as 3,420 operational projects in industrial parks (IPs) nationwide have reported total industrial production value of roughly US$17 billion last year, according to the Ministry of Planning and Investment.
The figure represents an on-year rise of 19 per cent, accounting for 21 per cent and 30 per cent of the country’s total export turnover and industrial production value respectively.
In the year, the businesses contributed US$880 million to the State Budget.
Foreign direct investment (FDI) into Vietnam’s industrial parks (IPs) and export processing zones (EPZs) hit roughly $6 billion in 2006, the MPI said.
Vietnam now has more than 130 IPs and export processing zones. The country also issued a list of around 117 more IPs to be set up and 27 existing ones to receive incentives for expansion by 2015.
Among 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 Hanoi capital, and the 200ha Minh Duc and Vinh Phuc IPs in Hung Yen province. (Investment)
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