Investment in industrial parks rises 10% in five months

Industrial parks (IPs) and economic zones (EZs) nationwide have attracted 291 FDI projects with total registered and supplemented capital of over US$6 billion in the first five months of this year, up 10.3% over the same period last year, according to the Ministry of Planning and Investment.

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IPs and EZs have also attracted 271 projects of domestic investors with a total registered and supplemented capital of VND53.2 trillion (US$2.3 billion).

By the end of May 2021, IPs and EZs have 10,853 valid FDI projects worth a total of US$228.4 billion with 69.6% of the capital disbursed. As many as 10,186 valid projects of domestic investors are running at IPs and EZs with a total investment capital of VND2,530 trillion and 45.4% of the capital disbursed.

Vietnam has 394 established IPs with 286 IPs in operation and 108 others under construction. A number of 351 IPs are located outside EZs and 43 IPs are located inside EZs.

IPs in operation have an occupancy rate of over 71%, generating jobs for 3.78 million workers.

The Ministry of Planning and Investment encourages and support enterprises to choose advanced technology to invest in IPs and EZs and promote further linkage between enterprises within the IP and EZ sphere in order to improve their performance.