In the first 6 months of 2024, investment attraction in Export Processing and Industrial Zones in Ho Chi Minh City reached 271.9 million USD, down 65.5% over the same period due to exhaustion of industrial land fund.
The Ho Chi Minh City Export Processing and Industrial Zones Authority (Hepza) said that the total investment capital attracted, including newly granted and adjusted capital, reached 271.9 million USD, down 65.5% over the same period (788.8 million USD).
 |
| Linh Trung 1 Export Processing Zone, in Thu Duc City - Photo: Le Quan |
Of which, foreign investment attracted 198.8 million USD, double the same period (97.5 million USD).
Although foreign investment attraction increased compared to the same period, it mainly came from 9 projects with increased capital, with a total capital of 188.9 million USD, 3 times higher than the same period (60.4 million USD).
There were 10 newly licensed projects, but the total capital was only 9.8 million USD, down 73.4% compared to the same period.
For domestic investment, total attracted investment capital reached VND1,792 billion (equivalent to USD73.1 million), down 89.4% over the same period (USD691.3 million).
Of which, 9 new projects were granted with registered investment capital of 604 billion VND (equivalent to 24.6 million USD), down 96.2% over the same period. There were 11 projects with adjusted capital increase of 1,187 billion VND (equivalent to 48.4 million USD), up 33.7% over the same period.
Explaining the reason for the decline in investment attraction in Ho Chi Minh City's industrial parks, Ms. Nguyen Thi Bich Ngoc, Head of Investment Management Department of Hepza, said that the biggest reason is still the lack of land fund to attract investment in large projects.
“Currently, the clean land fund to attract investment in industrial parks in Ho Chi Minh City is only 74 hectares but it is scattered and fragmented in many areas. Many land plots in industrial parks are currently stuck in site clearance so there is not a large area to attract investment,” Ms. Ngoc informed.
Ms. Ngoc said that Hepza is coordinating with departments and branches to remove obstacles at Le Minh Xuan 2 Industrial Park, speed up the construction progress of Pham Van Hai 1 and 2 Industrial Parks to have land fund to attract investment in the coming years.
Furthermore, investment attraction in the first 6 months of this year decreased compared to the same period last year thanks to the attraction of Viettel's Data Center project in Cu Chi district with an investment capital of 14,700 billion VND.
Regarding the conversion of 5 industrial parks, Mr. Nguyen Thanh Binh, Head of Planning and Construction Management Department of Hepza, affirmed that when the land lease term expires, the City will still keep that land as an industrial park but will convert it to attract high-tech, environmentally friendly, and less labor-intensive projects.
Mr. Binh also informed that in the draft planning for the 2021-2030 period, Ho Chi Minh City proposed to add 11 more industrial parks with an area of more than 4,000 hectares to continue industrial development.
Source: https://baodautu.vn/vi-sao-thu-hut-dau-tu-vao-khu-cong-nghiep-tphcm-giam-sau-d219214.html
![[Photo] Prime Minister Pham Minh Chinh starts construction of vital highway through Thai Binh and Nam Dinh](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/5/12/52d98584ccea4c8dbf7c7f7484433af5)
![[Photo] Prime Minister Pham Minh Chinh works with the Standing Committee of Thai Binh Provincial Party Committee](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/5/12/f514ab990c544e05a446f77bba59c7d1)
![[Photo] Prime Minister Pham Minh Chinh receives Swedish Minister of International Development Cooperation and Foreign Trade](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/5/12/ae50d0bb57584fd1bbe1cd77d9ad6d97)
Comment (0)