Wednesday, July 18 2018


Industrial zones draw investors

Update: June, 19/2012 - 10:19

THUA THIEN-HUE — Industrial and economic zones in northern cities and provinces have so far attracted more than 3,000 domestic and foreign-invested projects worth more than US$40 billion, according to reports at a meeting held in the central province of Thua Thien-Hue late last week.

Addressing the meeting of management boards of the zones, chairman Pham Thuyen said that the zones' projects accounted for nearly 40 per cent of the total number of projects invested in industrial and economic parks across the country.

Major zones that have operated efficiently include Dinh Vu-Cat Hai in the northern port city of Hai Phong and Van Don in Quang Ninh province.

Attendees said that the zones had contributed significantly to the economic and social development of the cities and provinces. However its works on environment protection, accommodation for workers and taking care of employees' living conditions remained inadequate.

They said that policies related land clearance and investment attraction to the zones, especially those in disadvantageous areas, should be supplemented to help the zones better grow.

To make industrial and economic zones to further develop, the Ministry of Planning and Investment has recently planned to scrutinise the existing policies to be able to launch new and more effective regulations for the zones this year.

However, the ministry also urged the zones authorities to focus on their planning and expanding registered projects in conformity with the country's socio-economic development and with consideration of local strengths.

The zones authorities should also prioritise high-tech Northern industrial and economic zones accommodate over 3,000 projects. — VNS

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