The Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) has released a report on the implementation of industrial zone and export processing zone operational transformations and its orientation for selective investment attraction in the coming period.
Regarding the new phase of investment attraction, HEPZA prioritizes high-tech, high-value-added, and highly impactful projects such as microchips, semiconductors, biotechnology, renewable energy, data centers, and R&D. Special emphasis will be placed on projects less affected by tariffs, such as software services and data centers.
Simultaneously, the focus will shift from "attracting quantity" to "selecting quality," steadfastly prioritizing modern, high-tech projects that are less labor-intensive, possess high intellectual content, are environmentally friendly, and capable of leading production chains, thereby contributing to the city's growth model transformation.
The city will apply a special investment mechanism under Law 57/2024/QH15, allowing eligible projects to benefit from a "green lane" with a streamlined process that integrates investment, construction, environmental, and fire prevention and fighting procedures. This aims to shorten project implementation times, create a favorable and competitive mechanism, and attract strategic investors.
HEPZA strives to create a leasable land fund of 6,500 ha to 6,800 ha for export processing zones and industrial zones over the next five years to facilitate industrial development. It anticipates attracting approximately $20 to 21 billion in investment capital, ensuring that each hectare of industrial land is used efficiently and contributes to achieving the city's double-digit economic growth target.
The city currently has 105 industrial zones with a total area of over 49,200 ha. Of these, 58 out of 66 established zones are currently operational, covering an area of approximately 22,400 ha.
HEPZA encourages businesses to innovate technology and adopt green production to enhance efficiency and protect the environment. Businesses that do not meet the criteria after their land lease expires will be required to relocate.
Google translate