(VEN) - The Hanoi People’s Committee recently issued a decision (1292/QD-UBND) approving the development of industrial zones (IZ) for small to medium-sized enterprises ahead of a new wave of domestic and foreign investment anticipated until 2030. 159 IZs to be established According to the plan for Hanoi IZ development to 2020, the city will offer 138 IZs on about 2,622 hectares. These include 64 existing IZs (totaling 1,598ha in area) that will remain unchanged or changed, expanded, improved or standardized; 22 IZs (about 429ha) located in the green belts, which will be controlled in terms of development; and 52 potential IZs established on about 596ha. From 2021-2030, five IZs, will be expanded, and 21 other IZs will be launched on a total area of 536ha. The capital’s northern districts of Soc Son, Me Linh, Dong Anh, Long Bien and Gia Lam will prioritize development of IZs serving electronics, information technology (IT), engineering, automobile, new material, … [Read more...] about Hanoi okays industrial zone plan for new investment
Industrial zone
Nearly VND21,000 bln invested in economic, industrial zones
Illustration photo The program is aimed at synchronously developing technical and social infrastructure of these areas, facilitating and attracting large-scale projects, promoting sectors at coastal and border areas, enhancing the development and application of science and technology in production and supporting handicraft industries. The program includes five components including infrastructure investments in coastal economic zones, border economic zones, industrial zones and clusters, high-tech parks and high-tech agriculture zones. The total expenditure for launching project is worth VND20,982.02 billion, consisting of VND16,676.61 billion from the central budget and VND4,215.41 billion from local budgets and other legal resources. By Thuy Dung … [Read more...] about Nearly VND21,000 bln invested in economic, industrial zones
Nearly 21 trillion VND for economic, industrial zones
Illustrative image (Source: VNA) Hanoi (VNA) – The Prime Minister has recently approved the Target Programme on investing in infrastructure in coastal economic zones; border gate economic, industrial and high-tech areas, industrial clusters and high-tech agricultural areas for the 2016-2020 period. Between now and 2020, construction on 200 – 250 kilometres of major roads, water drainage and concentrated wastewater treatment facilities in 16 coastal economic zones will be completed. Up to 200 – 220 kilometres of major roads in 21 border economic zones will be built, including nine key border economic areas with huge exports-imports. Others include wastewater treatment facilities for 35 - 40 industrial zones and 30 - 35 industrial clusters in poor and extremely poor areas and rainwater drainage and electricity supply for three high-tech areas and six high-tech agricultural areas. The project costs nearly 21 trillion VND (930 million USD), more than … [Read more...] about Nearly 21 trillion VND for economic, industrial zones
$1.2 billion spent on infrastructure in coastal economic, industrial zones
The program has five parts including investment in coastal economic infrastructure, in border economic zones, in industrial parks and groups of industrial parks, spending in high-tech sections; and in high-tech adopted farms. The program costs over VND20,982 billion ($1.2 billion). Of which, more than VND16,676 billion is taken from the state budget and local state budget and other legal sources are estimated over VND 4,215 billion. Noticeably, the program strives to build from 200 kilometer to 250 kilometer roads, wastewater treatment construction, technique infrastructure and resettlement areas by 2020 in 16 coastal economic zones mostly in eight major zones.By PHAN THAO - Translated by UYEN PHUONG Tags: $1.2 billion infrastructure coastal economic industrial zone … [Read more...] about $1.2 billion spent on infrastructure in coastal economic, industrial zones
TTC Land jumps into industrial zone segment
Saigon Thuong Tin Real Estate JSC (Sacomreal) decided to set foot in industrial zone and resort development, as well as the commercial-rental segment after changing its name to TTC Land. TTC Land will build resorts and industrial zones across the country Accordingly, along with the housing segment, TTC Land will expand its operations into resort, commercial-rental, and industrial zone (IZ) real estate. Notably, TTC Land will accelerate the construction of two commercial-rental real estate projects, namely TTC Plaza Binh Thanh in Ho Chi Minh City and TTC Plaza Duc Trong in Lam Dong province, in order to take them into operation soon. Besides, this year, the company will develop two more projects, namely TTC Plaza Danang and TTC Plaza Haiphong. Besides, it will implement the construction of a 305-hectare resort complex in Phu Quoc. Additionally, TTC Land will develop other IZ projects after the acquisition of the 1,002-hectare Thanh Thanh Cong IZ in Tay Ninh province and … [Read more...] about TTC Land jumps into industrial zone segment