Industrial zones target US$300 million in FDI (15/01)
06/08/2010 - 13 Lượt xem
The hope is for a year-on-year increase of 15-20 percent in revenue and an export value of US$1.85 billion, according to the municipal Industrial and Export Processing Zones Management Board.
In 2008, Hanoi’s IZs attracted 22 foreign-invested projects valued at US$75 million. The largest newly-licensed project was the US$18 million plant to produce transmissions and axle components for forklift trucks for export financed by the Japanese-invested Sumitomo NACCO Materials Handling Vietnam.
Investors from Japan, Taiwan, mainland China and the Republic of Korea mainly invested in mechanical engineering, industrial production and services, representing an increase of 6 percent in total capital.
The expanded Hanoi is now home to 12 IZs, covering a total area of 2,500ha, of which Thang Long, Noi Bai and Sai Dong B are full to capacity.
Top priority will be given to large-scale and environmentally-friendly projects, including those in the hi-tech sectors to increase the investment capital.
Source: VNS
