Vietnam attracts US$8.3 billion FDI to industrial, economic zones

Sunday, 2019-01-20 14:49:21
 Font Size:     |        Print

An industrial park in Dong Nai province
 Font Size:     |  

NDO – The total foreign direct investment (FDI) poured into Vietnam’s industrial parks and economic zones in 2018 reached more than US$8.3 billion, according to the Ministry of Planning and Investment.

Of the figure, US$5.3 billion was invested in 560 new projects, while additional capital in nearly 500 existing projects was estimated at US$3 billion.

As of the end of 2018, Vietnamese industrial parks and economic zones attracted more than US$145 billion in approximately 8,000 FDI projects.

Vietnam currently has 326 industrial parks covering a total area of 93,000 hectares, of which 250 have already come into operation with an occupancy rate of 73%, while the remaining are in the process of site clearance or under construction.

The country has also established 17 coastal economic zones with total land and water surface areas covering 845,000 hectares.