Industrial parks’ occupancy rate reaches nearly 74%

There were 326 industrial parks (IPs) established in Vietnam as of June this year, of which 251 ones have been put into operation with the occupancy rate reaching nearly 74%.

Workers at Vitto-VP Co., Ltd. (Vitto Group), in Tam Duong 2 Industrial Zone, Tam Duong district, Vinh Phuc) packing ceramic tiles for exports. (Photo: NDO/Khanh An)
Workers at Vitto-VP Co., Ltd. (Vitto Group), in Tam Duong 2 Industrial Zone, Tam Duong district, Vinh Phuc) packing ceramic tiles for exports. (Photo: NDO/Khanh An)

According to reports from the Ministry of Planning and Investment, Vietnam’s IPs cover a total natural land area of approximately 95,500 ha, of which industrial land reaches about 65,600 ha, accounting for about 68.7%.

In addition to 251 IPs in operation, 75 remaining ones are in the stage of compensation, site clearance and construction with a total area of about 29,300 ha.

Besides industrial parks, there are 17 coastal economic zones (EZs) established with a total land and water surface area of over 845,000 ha.

It is estimated that in the first six months of 2019, IPs and EZs across the country have attracted about 340 foreign direct investment (FDI) projects with a total newly registered capital of about US$8.7 billion.

Up to now, the total number of FDI projects invested in Vietnam has reached about 8,900 with a total registered capital of US$186 billion.

For domestic investment projects, in the first half of this year, IPs and EZs have attracted about 334 projects with a total registered capital of nearly VND83 trillion. The accumulated total number of domestic investment projects is at about 9,086 projects with a total registered capital of over VND2 quadrillion.

By the end of June 2019, there were more than 3.6 million workers working in IPs and EZs, in which the number of female labourers accounts for about 60%.