Viet Nam to mark off billions of dollars for industrial strategy (26/01)
06/08/2010 - 291 Lượt xem
The estimates were made in the framework of the ministry's recent development policies. It is expected that between 23 and 25 percent of the amount will come from foreign direct investment. The ministry said it was looking for between 10 and 12 percent of investment from foreign loans and between nine and 10 percent from domestic financial sources.
Priority will be given to mechanical engineering, metallurgy, electronics, information technology, building material, chemistry, textile-garment-leather shoes and mining.
Ha Noi suburbs will be turned into a hub of manufacturing engines, automobiles, machine tools, precision equipment and complete knock-down parts.
Coastal and mineral-rich Quang Ninh province will focus on shipbuilding and the production of mining, mineral sorting and screening equipment, machine tools and heavy-tonnage trucks.
The port city of Hai Phong will be a venue of shipyards and both light and heavy engineering industries, including electronic appliances.
Other provinces in the key northern economic zone subject to the investment strategy include Hai Duong and Ha Tay, which will focus on motor assembling, in addition to the production of containers and agricultural machines.
Bac Ninh province will emerge into a major site of electronic and electric parts production and computer parts assembling.
The key northern economic zone is calling for investment in hot steel rolling and steel panel production up to 2010.
The ministry is also seeking investment for three steel projects with annual capacities ranging from 50,000 to 250,000 tonnes each.
Investment is also needed to develop a major textile and garment industrial site and a series of factories in service of the industry in different provinces and cities in the region, said the ministry.
Source: VNAgency
