Entrance gate of Sai Dong B Industrial Zone in Ha Noi. — Photo industrialzone.vn

The People’s Committee of Ha Noi has approved the establishment of four new industrial clusters: Ngoc Liep, Dac So, Lien Ha and Phung Xa.

Located in Quoc Oai and Hoai Duc districts, the 38ha Ngoc Liep and 6.3ha Dac So industrial complexes aim to attract projects in home appliances, wood processing, construction material construction production, machinery and engineering, chemical and cosmetics and agricultural processing.

The Lien Ha and Phung Xa industrial clusters span a total area of 7ha in Dong Anh and Thach That districts and will process wood and furniture.

The capital city plans to attract 15-20 new projects with expected total investment of US$250-300 million in industrial zones and clusters in the capital city this year, according to the municipal Management Board of Industrial and Processing Zones.

Sectors to be prioritised include the part supplies, electronics and mechanics industries.

The city-based industrial zones and clusters lured seven new projects worth more than $44 million in registered capital and expanded six existing projects worth $18.5 million over past five months of this year.

To date, they have attracted 629 projects with total registered capital of $5.9 billion. More than half of the projects were foreign-invested, worth $5.34 billion, the board said. — VNS