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Capital city establishes four new industrial clusters

Update: July, 21/2017 - 14:00
Entrance gate of Sài Đồng B Industrial Zone in Hà Nội. - Photo
Viet Nam News

HÀ NỘI – The People’s Committee of Hà Nội has approved the establishment of four new industrial clusters: Ngọc Liệp, Đắc Sơ, Liên Hà and Phùng Xá.


Located in Quốc Oai and Hoài Đức districts, the 38ha Ngọc Liệp and 6.3ha Đắc Sở industrial complexes aim to attract projects in home appliances, wood processing, construction material production,  machinery and engineering, chemical and cosmetics, and agricultural processing.


The Liên Hà and Phùng Xá industrial clusters span a total area of 7ha in Đông Anh and Thạch Thất districts and will process wood and furniture.


The capital city plans to attract 15-20 new projects with expected total investment of US$250-300 million in industrial zones and clusters in the capital city this year, according to the municipal Management Board of Industrial and Processing Zones.


Sectors to be prioritised include the part supplies, electronics and mechanics industries.


The city-based industrial zones and clusters lured seven new projects worth more than $44 million in registered capital and six expanded existing projects worth $18.5 million over past five months of this year.


To date, they have attracted 629 projects with total registered capital of $5.9 billion. More than half of the projects were foreign-invested, worth $5.34 billion, the board said. - VNS

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