Hưng Yên to provide 4,800ha of land for 13 new industrial parks

Aug 10th at 19:40
10-08-2024 19:40:43+07:00

Hưng Yên to provide 4,800ha of land for 13 new industrial parks

Hưng Yên Province plans to allocate 4,788ha of land to develop 13 newly planned potential industrial parks (IPs), according to the province’s master plan through to 2050.

Phố Nối Textile Industrial Park, Hưng Yên Province. By 2030, Hưng Yên will have 30 industrial parks on a total area of ​​about 9,589ha. — VNA/VNS Photo

They include many large IPs such as Phù Cừ IP with an area of ​​544ha, Tiên Lữ - Kim Động - Ân Thi IP on an area of ​​460ha and Ân Thi I IP with a scale of 450ha.

By 2030, Hưng Yên will have 30 IPs on a total area of ​​about 9,589ha, including 17 IPs under planning approved by the Prime Minister and 13 newly-planned IPs.

The northern province of Hưng Yên is aiming to become a modern industrial locality by 2030.

Priority will be given to high-tech industries such as electronics production, telecommunications, semiconductor chips, software manufacturing, digital products, high-quality food production and processing and bio-technology.

To that end, it will develop large-scale IPs with modern infrastructure, meeting international standards and sustainable development requirements.

According to Vũ Quốc Nghị, head of the Management Board of Industrial Parks of Hưng Yên Province, the province will focus on increase efficiency of activities attracting investment, especially large investors. 

The province will prioritise attracting investment for environmentally-friendly and high value-added industries and improving the economic efficiency and the occupancy of IPs.

At the same time, it will also increase competitiveness of IPs, form large-scale industry clusters and accelerate the construction progress of infrastructure in IPs that their investment policies are approved by the Prime Minister.

Notably after 2030, five more potential parks with a total area of ​​2,460 hectares are being planned, including a potential industrial area in Kim Động - Khoái Châu, with an estimated scale of 1,400ha. 

Bizhub





NEWS SAME CATEGORY

State will regulate property market if prices increase by 20%

If prices in the real estate market increase by more than 20 per cent for three months, ministries and branches managing the property market have to propose...

National conference on social housing in August

Hanoi and Ho Chi Minh City are urged to speed up the development of social housing to meet the targets set.

Lending rate for social housing buyers proposed to be 3-5 percentage points lower

The Ministry of Construction has agreed with the State Bank of Việt Nam’s proposal to offer preferential lending rates for homebuyers who borrow from the VNĐ120...

Vietnam must retain its competitiveness

Although there are still some concerns from foreign-invested enterprises, Vietnam, Thailand, and Malaysia are still chosen by many investors, in which Vietnam is...

Property prices in Hanoi, Ho Chi Minh City driven by speculators: experts

Specialists expect that new legislation will help to tighten market control and thus bring prices down.

New foreign ownership restrictions in Vietnamese property market

Foreign entities and individuals can now own up to 30 per cent of the residential apartments in a building, including mixed-use developments, under a new decree...

Vietnam's hospitality real estate sector struggles to recover

Hospitality real estate will perform better in the second half of 2024 and in the years to come.

Hanoi real estate market: Developing in right direction

The price increase for apartments in Hanoi in the first half of 2024 compared to the beginning of 2023 is 31%.

Foreign investment in property sector in seven months surges 78%

Foreign investors injected more than US$2.87 billion into the Vietnamese realty market during January-July, a year-on-year surge of 78 per cent, according to the...

Low-income individuals earning under VNĐ15 million per month prioritised for social housing

Individuals with a monthly income not exceeding VNĐ15 million, or married couples with a combined income not exceeding VNĐ30 million, are eligible for social...

Real estate stocks

Construction stocks


MOST READ


Back To Top