South-central Binh Dinh province plans to enhance the operation of its industrial parks (IPs), economic zones, and industrial clusters to ensure they operate professionally and in line with regulations to attract more investors.
Investors in IPs and industrial clusters have put funds into completing technical infrastructure to create the conditions to attract projects and businesses.
Seven IPs have been put into operation in the province on a total area of 2,850 ha. Occupancy at the Nhon Hoi Economic Zone and Phu Tai and Long My IPs currently stand at 100 per cent.
Some 310 projects are in operation at IPs in Binh Dinh, creating 22,000 jobs and posting average annual growth in export revenue of 12 per cent.
Under the province’s master planning on industrial cluster development by 2025, it has targeted having 60 in place on over 1,956 ha. Forty-two clusters have been put into operation, attracting 430 projects, including 303 projects currently in operation. Total registered investment capital of these projects has reached nearly VND15.7 trillion ($654 million).