Investment in export EPZs, IZs in HCM City up nearly 23 percent
Export processing and industrial zones in HCM City have attracted 236.1 million USD in investment so far this year, including new and additional capital, an increase of 22.87 percent year-on-year.
Export processing and industrial zones in HCM City have attracted 236.1 million USD in investment so far this year, an increase of 22.87 percent year-on-year. (Photo: VNA)
HCM City (VNA) - Export processing and industrial zones in HCM City have attracted 236.1million USD in investment so far this year, including new and additionalcapital, an increase of 22.87 percent year-on-year.
Foreign directinvestment (FDI) totalled over 125 million USD, double year-on-year, with threenew projects and four adding capital, according to the HCM City ExportProcessing and Industrial Zones Authority (Hepza).
Of domestically-investedprojects, 13 were new while six added capital.
For-leasewarehouse construction attracted the most funding, accounting for 68.83 percentof the total, followed by pharmaceutical products, software, and food.
Hepza head HuaQuoc Hung said that as Vietnam and HCM City in particular have contained theCOVID-19 pandemic, more domestic and foreign investment has come.
The municipalPeople’s Committee and Hepza have adopted solutions to help investors overcome thedifficulties caused by the pandemic and the impact of the global economic uncertainties,he added.
He also, however,pointed to challenges regarding the narrowing land fund, investment structure,environmental pollution, and technical and social infrastructure.
Given this, Hepzawill step up solutions to increase the land fund and work to improve investmentquality, focusing on sectors with high scientific-technological content and added value, particularly mechanics, he said./.
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Export processing and industrial zones in HCM City have attracted 236.1 million USD in investment so far this year, an increase of 22.87 percent year-on-year. (Photo: VNA) 
