The HCM City Industrial and Export Processing Zones Management Board (HEPZA) has set a target to increase the average investment per hectare of industrial land to US$15 million by 2025 from a current $6.32 million.
The spread of COVID-19 has wreaked havoc in Bac Giang and Bac Ninh provinces in recent days and forced many businesses in industrial parks (IPs) and export processing zones (EPZs) with thousands of workers to suspend their operations.
To attract more investment, especially from overseas, HCM City needs to renovate and reform its export processing zones (EPZs) and industrial parks (IPs), experts have said.
Export processing zones (EPZs) and industrial zones (IZs) in this Cuu
Long (Mekong) Delta city have attracted 214 projects worth about US$1.92
billion.
Industrial parks (IPs) and export processing zones (EPZs) in HCM City
hope to attract US$550 million in investment capital this year, an
increase of ten per cent compared to last year.
Export processing zones (EPZs) and industrial zones
(IZs) in the Mekong Delta city of Can Tho have attracted 204 investment
projects with capital totalling more than US$1.84 billion, according to
the latest report from the Can Tho EPZs and IZs Authority.
Export processing and industrial zones in HCM City are showing signs of economic recovery with increased investment and higher production levels, according to the city''s Export Processing and Industrial Zone Authority (Hepza).