Nearly $8.5 billion pumped into industrial and economic zones

VGP - According to a source from the Ministry of Planning and Investment, nationwide industrial and economic zones attracted nearly US$8.5 billion in foreign direct investment in this year.

January 16, 2019 5:06 PM GMT+7

By 2018, industrial and economic zones had attracted 7,500 domestically – invested projects with a combined registered capital of some VND970 trillion (US$42.17billion).

In addition, this is in addition to around 8,000 FDI projects with a total value of more than US$ 145 billion.

Currently, the occupancy rate of operating industrial and economic zones is over 73%.

The ministry’s Department for Economic Zone Management reported that industrial and economic zones registered for 560 new foreign direct investment (FDI) projects with a total capital of over US$5.3 billion.

This added up to a total value of over US$5.3 billion while more than US$3 billion was added to nearly 500 FDI projects operating within the zones.

By 2018, 17 coastal economic zones had been founded with a combined inland and water area reaching over 845,000 hectares.

Now, Viet Nam has 326 industrial parks with a total land mass of 93,000 hectares. Of these, 250 are already in operation and 76 have undergone ground clearance.

By Hoang Ha