26/06/2017 13:53 GMT+7 Email Print Like 0

IP land occupancy rate reaches 73 percent

Hanoi, June 26 (VNA) - The occupancy rate in operational industrial parks (IPs) across the country has reached 73 percent, according to the Economic Zone Management Department under the Ministry of Planning and Investment. 

As of early June, there were 325 IPs, including 44 foreign-invested ones, nationwide with combined area of 94,400 hectares, with 64,000 hectares for lease. 

Of which, 200 IPs on 60,900 hectares have been put into operation. The rest of the area is under construction. 

The coastal area is home to 36 IPs and non-tariff areas in 16 economic zones (EZs), covering 815,000 hectares on land and water. They span over a combined area of 16,100 hectares, with 7,800 hectares were for lease. 

Two more coastal EZs are to be established in the northern province of Nam Dinh and Thai Binh. 

Total registered and adjusted capital of 375 foreign investment projects in the IPs was reported at 6.2 billion USD, while the domestic figure was 108 trillion VND (4.75 billion USD) in 318 projects and 115 adjusted ones. 

Big projects registered in May include the expansion of a 2.5 billion-USD factory of Samsung Display Vietnam in Yen Phong IP, the northern province of Bac Ninh; a 220 million-USD tire cord project of the Republic of Korea’s Kolon Industries Inc. in the southern province of Binh Duong; and a steel production factory worth 60 trillion VND (2.64 billion USD) of Hoa Phat Group in Dung Quat EZ in the central province of Quang Ngai.
VNA/VNP