The northern port city of Hai Phong plans to develop a 20,000ha coastal economic zone (EZ) in its southern part, said the municipal EZ Management Board.
A corner of Dinh Vu-Cat Hai EZ, the first EZ in Hai Phong. The northern port city is planning to form another EZ in the south. (Photo courtesy of tinnhanhchungkhoan.vn)
Hai Phong (VNA) – The northern port city of HaiPhong plans to develop a 20,000ha coastal economic zone (EZ) in its southernpart, said the municipal EZ Management Board.
Spanning the districts of Do Son, Kien Thuy, An Lao, Tien Lang and VinhBao, this will be the second coastal EZ in the city after Dinh Vu-Cat Hai EZ,which was founded in 2008.
TheSouth Hai Phong Economic Zone will house important infrastructure projectsincluding Tien Lang airport, Nam Do Son port, and two logistics centers in KienThuy and Tien Lang, along with a port system along the Van Uc River, said LeTrung Kien, head of the management board.
The establishment of the new EZ will help the city optimise thedevelopment potential of its existing IPs and the Dinh Vu-Cat Hai EZ, he said.
It aims to leverage existing assets and infrastructure, connectingwith neighbouring economic zones like Thai Binh, Quang Yen and Van Don,creating a cohesive network of coastal economic zones that drive thesocio-economic development of the entire region.
Hai Phong strategic location as a transportation hub andindustrial centre in the Hong (Red)River Delta anchors several key economic corridors, including those from China(Kunming and Nanning) and Vietnamese coastal regions (Quang Ninh, Thai Binh,Nam Dinh and Ninh Binh).
In the past 30 years, Hai Phong has developed 14 industrial parksspanning 6,100 hectares and one 22,540-hectare economic zone, with a 63.8% occupancyrate. These zones have attracted 688 projects totaling 36.32 billion USD ininvestment.
The Dinh Vu-Cat Hai EZ has so far attracted 31 billion USD worthof investment from large foreign corporations such as LG, Pegatron, ReginaMiracle, Fujifilm and Koycera and major domestic companies like Vinfast,Geleximco and Xuan Cau. It has also created around 200,000 jobs./.
Head of the Hai Phong Economic Zone Authority (HEZA) Le Trung Kien on July 26 expressed his hope that investors from Taiwan (China) will increase their investments in the northern port city, especially in the areas where Taiwan has strengths.
Eager to join hands to develop a digital nation with cutting-edge technology, the northern port city of Hai Phong has been proactively carrying out strong and comprehensive digital transformation through developing digital platforms and infrastructure, digital government, digital economy and digital society.
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Hai Phong city’s Economic Zone Management Board on September 12 organised a seminar on the 30 years of developing Hai Phong industrial parks and economic zones and orientation for establishing the South Hai Phong Coastal Economic Zone.
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A corner of Dinh Vu-Cat Hai EZ, the first EZ in Hai Phong. The northern port city is planning to form another EZ in the south. (Photo courtesy of tinnhanhchungkhoan.vn) 
