HCM City (VNA) – The southern key economic zone, grouping Ho Chi Minh City and seven adjacent provinces, has so far attracted 3,033 projects, including 1,801 foreign-invested businesses.
Total investment capital pouring into the zone’s industrial parks (IPs) reached 15 billion USD and closely 66.2 trillion VND (4.14 billion USD).
It now has zoned off 16,400 ha for 66 IPs, representing 56.8 percent of the country’s total land area. As many as 600,000 jobs have also been created by the IPs.
The IPs have also increasingly drawn in domestic businesses. Worthy of note are the Tan Tao and Le Minh Xuan IPs in Ho Chi Minh City with 162 domestic projects capitalised at 5.16 trillion VND (322 million USD) and 135 projects valued at 1.72 trillion VND (107.8 million USD), respectively.
The IPs have helped to strongly restructure the economic mechanism in Ho Chi Minh City and provinces of Binh Duong, Binh Phuoc, Dong Nai, Tien Giang, Ba Ria-Vung Tau, Tay Ninh and Long An.
They contribute annually around 10 billion USD or 20 percent of the country’s industrial value, and 4.5 billion USD in industrial export turnover.-Enditem
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