Industrial parks ‘must lift their game'
HCM CITY — The Ministry of Industry and Trade says industrial parks nationwide have failed to comply with a decision that the Prime Minister issued last August to streamline their management.
A construction site at the Hoa Phu Industrial Zone in the Central Highlands province of Dak Lak. Industrial zones across the country are said to lack proper management, which may discourage investors. — VNA/VNS Photo Ngoc Ha
It noted at a seminar held on Friday that there were several management shortcomings in many IPs, including unclear mechanisms, weak legal corridors and overlapping management by different agencies.
This was discouraging investors, the ministry said.
The ministry told IP authorities of the southern region at the seminar held in the Cuu Long (Mekong) Delta province of Tien Giang that they needed to take steps towards complying with the decision.
The ministry provided detailed guidelines on proposing IP plans, investment assessment and correct procedures for infrastructure development within the parks.
It praised the collaboration between provinces, corporations, groups and related agencies in better management of IPs and asked that it be strengthened further.
The country has 918 industrial zones covering 41,000ha. These have cost VND44.4 trillion (US$2.3 billion) in infrastructure development, attracted investments worth VND554 trillion ($29 billion), and created 477,000 jobs.
In the eastern part of the Southern region, 24 per cent of 7,300ha of industrial land has been used, while in the western part, 17 per cent of 13,000ha has been utilised. — VNS