The Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) has proposed developing 10 more industrial parks covering a total area of over 2,465 ha in the 2021-2030 period.

It also proposed to develop additional 800 ha of industrial land to attract investment in specialized and hi-tech industrial parks.

This year, as of December 2024, the city’s industrial parks and processing zones attracted investment worth over $491 million, fulfilling nearly 90% of the annual plan. but increasing by 51.4% as compared to the same period last year. The figure is expected to increase to $550 million by the end of the year, according to HEPZA.

The southern city’s industrial parks and processing zones target to lure $550 million of investment capital in 2025.