IPs and Ezs attract $10b FDI in nine months
IPs and Ezs attract $10b FDI in nine months
Industrial zones (IPs) and economic zones (EZs) attracted 397 foreign direct investment (FDI) projects with estimated registered capital of US$10.1 billion in the first nine months of this year.
According to the Department of Economic Zone Management under the Ministry of Planning and Investment, so far this year, Viet Nam has drawn 8,970 FDI projects with capital of about $187.4 billion in IPs and EZs.
Meanwhile, there are 388 domestic investment projects in IPs and EZs with total newly registered capital of VND96.9 trillion ($4.1 billion) in the first nine months of this year. By September, the IPs and Ezs had 9,140 domestic investment projects with total registered capital of more than VND2 quadrillion.
The department said at present, the nation has 327 IPs with total area of about 96,100 ha. Of which, 256 IPs are in operation with occupancy rate at 75 per cent of the total area and 71 IPs are under construction.
Seventeen coastal EZs have been established with a total land area and water surface of more than 845,000 ha, excluding Ninh Co EZ in Nam Dinh Province that is not established yet but is already in Viet Nam’s development planning, reported Dau thau (Bidding) newspaper.
By September 2019, Viet Nam 35 IPs located in the EZs with a total area of about 14,000 ha. Of which, 20 IPs are in operation and 15 IPs are under construction.
