Ha Noi to review planning of industrial and export processing zones

Tuesday, Mar 09, 2021 07:35

Workers in Sumi-Hanel Company in Ha Noi’s Sai Dong B Industrial Zone.— VNA/VNS Photo Huy Hung

Ha Noi is requiring relevant agencies to review the planning of the city’s industrial and export processing zones to make them develop more effectively.

Nguyen Manh Quyen, vice chairman of the People's Committee of Ha Noi, said after reviewing, the Management Board of Ha Noi Industrial and Export Processing Zones (HIZA) must propose changes to make it suitable with the city’s current development. The changes can relate to the termination of some existing zones or addition of more zones to the city’s planning.

Planning was the most important issue determining the effective development of industrial zones in the city, Quyen noted.

Currently, there are nine industrial zones in operation in Ha Noi, covering a total area of 1,369 ha. The occupancy rate reaches 95 per cent.

Last year, the industrial zones attracted 11 new investment projects with registered capital of US$32.8 million and VND144.4 billion. Another 21 existing investment projects in the zones also added more registered capital worth $72.9 million and VND147 billion during the year.

The revenue of enterprises in the industrial zones reached $7.6 billion last year, down 2 per cent compared to 2019. They contributed $235 million to the State budget, down 3 per cent against 2019.

The enterprises’ turnover in the first two months of 2021 reached $1.24 billion while their export and import values were $838 million and $748 million, respectively.

Tran Anh Tuan, HIZA’s deputy head, admitted the attraction of investment in the city’s industrial zones was still low, with no large-sized and high-tech projects.

The People's Committee of Ha Noi has so far also required HIZA to set targets for the city’s zones with focus on attracting investment until 2025.

According to investors in the zones, their operation is still facing difficulties as authorities make too many overlapping inspections and examinations. Besides, the administrative procedures are still cumbersome and time-consuming for investors.

Quyen directed HIZA to consider and propose to the city to remove the difficulties for the investors. — VNS

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