Ho Chi Minh City prepares to build more "nests" to welcome "eagles"

Invest in 14 new industrial parks

Recently, Ho Chi Minh City announced the City's Industrial Parks Planning for the period 2021-2030, with a vision to 2050 and investment attraction solutions for 2025. Mr. Pham Thanh Truc, Deputy Head of the Ho Chi Minh City Export Processing and Industrial Zones Management Board (Hepza) said that according to the Planning, Ho Chi Minh City will develop 14 new industrial parks, with a total area of ​​3,833 hectares, bringing the total number of export processing zones and industrial parks in the area to 36, with a scale of more than 8,369 hectares.

The investment in 14 new industrial parks will be divided into 3 phases. In the 2025 - 2027 phase, investment will be made in Pham Van Hai I (379 ha), Pham Van Hai II (289 ha), Vinh Loc 3, Nhi Xuan industrial parks; in the 2027 - 2030 phase, An Phu, Trung An, Le Minh Xuan 4, Pham Van Hai III and Hiep Phuoc phase III industrial parks will be developed; in the 2030 - 2033 phase, investment will be made in Tan Phu Trung 2, 3, 4 industrial parks, Binh Khanh 1 and 2.

Mr. Truc said that in addition to investing in new industrial parks, Ho Chi Minh City aims to retain all industrial land. At the same time, it will transform in depth and restructure industries towards developing high technology, innovation, digital economy , green economy, and circular economy.

“Currently, Hepza is coordinating with companies developing infrastructure for export processing zones and industrial parks to research and develop a pilot conversion project in Tan Thuan Export Processing Zone and Hiep Phuoc, Tan Binh, Cat Lai, Binh Chieu industrial parks, with the orientation of converting to a high-tech industrial park model; ecological industrial park; industrial - urban - service park; logistics center,” Mr. Truc informed.

Investing in new industrial parks is an opportunity for export processing zones and industrial parks to develop strongly, affirming the city's position as one of the country's major industrial centers.

Infrastructure investment is key

Many investors believe that the success of industrial parks does not lie in the scale of the area, but in the quality of technical infrastructure and accompanying synchronous services. According to Mr. Nguyen Tan Phong, Deputy General Director of Tan Thuan Company Limited (investor of Tan Thuan Export Processing Zone), high-tech investors are particularly interested in the stability and continuity of power sources.

Mr. Phan Minh Toan Thu, Deputy General Director of Kinh Bac Urban Development Corporation, said that this unit is negotiating many large-scale projects, including a 20-hectare data center with a total investment of 300 - 500 million USD. However, the investor has strict requirements on power source up to 4,500 MW and clean water from 15,000 to 20,000 m3/day.

Along with the power system, traffic connections are also bottlenecks that investors believe need to be resolved. According to Mr. Phong, currently, transporting goods from Tan Thuan Export Processing Zone to the port takes a long time, increasing logistics costs. Moreover, when converting the Tan Thuan Export Processing Zone model to an ecological or high-tech industrial park model, it requires a lot of space for trees and social amenities, occupying 20-30% of the land fund, leaving not much space left for factory construction, and the cost of investment conversion is quite high.

Meanwhile, Mr. Phan Minh Toan Thu assessed that investment experience from successful industrial parks shows that, in addition to technical infrastructure, it is necessary to synchronously develop social infrastructure around industrial parks such as residential areas, housing for workers and experts, kindergartens, schools, hospitals, cultural institutions, etc. "This is a key factor to attract and retain long-term investors when investing in industrial parks," Mr. Thu proposed.

Responding to issues of concern to businesses, Mr. Le Van Thinh, Head of Hepza, affirmed that the City has a plan to closely coordinate with the electricity and water supply sectors to ensure infrastructure capacity for industrial parks.

Source: https://baodautu.vn/tphcm-chuan-bi-xay-them-to-de-don-dai-bang-d285136.html