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Hue IPs aim for $141m in 2014

Jan 7th at 13:20
07-01-2014 13:20:30+07:00

Hue IPs aim for $141m in 2014

The central province of Thua Thien-Hue has set a target of earning about VND3 trillion (US$141 million) from its industrial parks (IPs) in 2014.

The province also hopes to achieve an industrial production value of about VND10 trillion ($470 million) this year.

Towards these goals, it will focus on completing four IP projects approved by the government: Chan May IP in Phu Loc District, Phu Bai IP in Huong Thuy town, Tu Ha IP in Huong Tra town and Phong Dien IP in Phong Dien District.

It will also allocate land lots to develop other IPs in the districts of Phu Vang, Phu Loc and Quang Dien, while establishing 16 small-scale industrial clusters in the province with a total area of about 650 hectares.

In 2013, the province granted investment certificates to nine new projects and allowed three others to increase their investment capital, with a total registered capital of almost VND1.9 trillion ($89.3 million).

The province's industrial parks have established 87 projects so far, with a total investment capital of VND17.7 trillion ($831.9 million).

vietnamnews

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