Twenty out of 31 industrial parks in Dong Nai Province have run out of land to house potential investors. – VNS Photo Van Chau

The southern province of Dong Nai plans to build industrial parks and expand existing ones to address the current shortage of space, according to the Dong Nai Industrial Zones Authority.

Six localities, Long Thanh, Cam My, Thong Nhat, Trang Bom, and Nhon Trach districts and Long Khanh city, have asked provincial authorities to build more IPs, each between 200ha and 900ha large.

The province will expand existing IPs because they are all nearly full. There are 35 of them approved by the Government, though only 31 are in operation and one more is under construction, with a total area of over 10,000ha.

Cao Tien Sy, head of the industrial zones authority, said Dong Nai is a leading province in attracting domestic and foreign investment, but has not built enough IPs.

The remaining lands available for lease in the IPs are mostly small and scattered, whereas foreign companies seeking to invest want 8-10ha, which no longer exists, he said.

The province considers environmental protection a priority and solicits investment in tech-based projects that are not likely to cause pollution.

So far 1,700 companies have invested in Dong Nai, including over 1,200 foreign ones from 43 countries and territories, who have brought in US$24 billion.

In promoting investment in industry, Dong Nai has established relations with companies and localities around the world, which has enabled it to improve the level of science and technology at the new industrial parks and facilitated international integration.

Along with the development of IPs, related services are also developing rapidly in Dong Nai, including logistics, construction, healthcare, and housing. – VNS