xổ số bóng đá việt nam在线购彩HCM City industrial parks, export processing zones need revamp to attract investment

HCM City industrial parks, export processing zones need revamp to attract investment

HCM CITY — 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.

There are  一 七 industrial parks and processing zones in the city and they have an occupation rate of  六 八 per cent, with specialised industrial parks, except the Quang Trung Software City, not attracting much interest from enterprises.

For example, the Automotive- Mechanical Industrial Park established three years ago on an area of ​​nearly  一00ha in Củ Chi District has attracted only  一 二 companies who have invested around VNĐ 九00 billion (US$ 三 八. 八 million) and lease around  二0ha, or a fifth of its area.

A recent study conducted by the HCM City Export Processing Zone and Industrial Park Authority (Hepza) and a research team from the HCM City University of Economics found that the city’s advantages over neighbouring localities with regard to attracting investment in its IPs and EPZs have reduced since the latter are offering competitive land rentals and other incentives.

The infrastructure at many of the city’s IPs and EPZs fall short of investors’ needs.

While the average rent is $ 七 四 per square metre in Đồng Nai for a lease term of  四0- 五0 years, $ 四 三. 七 in Bình Dương and $ 七 六 in Long An, it is $ 一 二 五 in HCM City.

The city needs to restructure and switch to newer models of IPs and EPZs now to continue to attract investment, ensuring it has appropriate mechanisms and policies during the transition process.

Đầu tư (Investment Review) newspaper reported the city has sought the Government’s approval to make  一/ 二,000 scale plan for a new  三 八0ha industrial park​​ in Phạm Văn Hai co妹妹une, Bình Chánh District.

It will be a specialised industrial park prioritising innovative start-ups and producers and distributors in new industries and technologies. — VNS