Ho Chi Minh City has attracted more than US$1 billion, both new and adjusted capital, to its industrial parks so far this year, surpassing its plan by 83.57 per cent, the HCM City Export Processing and Industrial Zones Authority (HEPZA)...
The HCM City People’s Committee wants changes made to a proposal to convert industrial parks and export processing zones into eco-industrial and high-tech zones by 2025.
The HCM City Export Processing and Industrial Zones Authority said the city’s industrial parks and processing zones hope to attract investment worth US$500 million this year.
With its neighbouring provinces offering competitive land rentals and other incentives at industrial parks to attract investors, HCM City needs to step up its game too.