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Hai Duong attracts further investment in industrial zones

Industrial zones (IZs) in the northern province of Hai Duong have attracted more investment since early this year, according to the provincial management board of IZs. 

As of late October, the province granted licences to 13 foreign-invested projects worth over US$103.3 million, approved the additional capital of more than US$318.6 million to 32 FDI projects. It also licensed seven domestic projects with a total registered capital of VND642.6 billion (US$27.93 million), and revised five others up by VND71.53 billion. 

At the Cam Dien-Luong Dien IZ in Cam Giang district, the Vietnam-Singapore Industrial Park (VSIP) attracted 10 more investors, raising the total number of investors in the park so far to 11 with a total capital of US$235 million. 

Local IZs have lured 252 projects to date, including 196 foreign ones that account for nearly 78% of the total, with a total registered capital of over US$3.92 billion, creating jobs for more than 93,000 workers. 

As many as 205 projects are underway, making up 81% of the total licensed ones. 

Hai Duong is completing the master plans on the Tan Truong IZ, as well as the first stage of the Dai An IZ as well as the detailed plan of the Gia Loc IZ, and has suggested that the Government expand several IZs and complete the construction of concentrated wastewater treatment stations at the Cong Hoa and Lai Cach IZs. 

Next year, the locality plans to grant licences to 20 foreign-invested projects worth about US$100 million and adjust the capital of 20 others by roughly US$100 million. 

Three domestic projects valued at about VND100 billion are also expected to be licensed, while nearly VND50 billion will be added to two other projects. 

The province will pay attention to stepping up detailed master plans, attracting infrastructure investment in several industrial zones and clusters, and adjusting a project on infrastructure construction at the Viet Hoa-Kenmark IZ.

The board will also actively guide investors on the legal procedures for investment and trade activities.

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