Prime Minister Nguyen Xuan Phuc has signed Directive 25/CT-TG on measures to promote sustainable growth and development of the northern key economic zone.
Northern Key Economic Zone (NKEZ) witnessed strong developments of industrial property in the third quarter of 2019 with Hanoi leading the most attractive destinations for its favourable conditions, according to JLL.
The occupancy rate at operational industrial parks (IPs) nationwide hits nearly 75 percent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.
$10.1bn in FDI came the way of IPs and EZs in the first nine months.
Vietnam’s industrial and economic zones attracted 340 foreign-invested projects with a total newly-registered capital of 8.7 billion USD in the first six months of 2019, according to the Ministry of Planning and Investment’s Economic Zone Management Department.
As of July 2019, industrial parks (IP) and economic zones (EZ) in the Central province of Quang Tri lured over VND40 trillion (over $1.7 billion) from 150 investment projects.
Until May, Chan May-Lang Co economic zone (EZ) in Thua Thien Hue has attracted 21 investment projects in field of tourism, with total capital of more than VND67 trillion.
Government of the Northern coastal province Quang Ninh is offering many incentives and preferential mechanisms to encourage investors to pour money in its industrial parks (IPs), economic zones (EZs), and border economic zones (BEZs).
Economic and industrial zones in the central province of Quang Tri boast huge potential for attracting domestic and foreign investors. The attraction of investment in these fields is one of the locality’s top priorities.