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More backing sought for industrial infrastructure

Update: May, 19/2015 - 09:16
Statistics show that during 2010-15, the State budget allocated VND674 billion (US$31.2 million) to support investments in industrial clusters, especially in the provinces that have difficult economic conditions. — VNA/VNS Photo Manh Linh
HA NOI (VNS)  — The Ministry of Industry and Trade will propose to the government to offer more incentives to attract investments for infrastructure development in industrial clusters nationwide.

This was decided at a conference held by the ministry's Department of Local Industry in central Khanh Hoa province's Nha Trang City yesterday to revise the five-year implementation of the Prime Minister's Decision 105/2009/QD-TTg on the management of industrial clusters and raise development plan for 2016-20 period.

Deputy Minister Hoang Quoc Vuong said that local authorities still faced difficulties while planning and developing industrial clusters.

Experts at the conference pointed out that support in capital was needed to encourage companies. In addition, problems related to environmental protection management, especially waste water treatment, at industrial clusters must be tackled, together with a comprehensive legal framework to enhance the management of industrial clusters.

Statistics show that during 2010-15, the State budget allocated VND674 billion (US$31.2 million) to support investments in industrial clusters, especially in the provinces that have difficult economic conditions.

Some 660 industrial clusters with detailed plans were approved to come up on a combined area of 23,000ha across the country. Of them, infrastructure development projects in 369 industrial clusters were approved with a total capital demand of VND79 trillion ($3.65 billion). — VNS

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