Deputy Prime Minister Tran Hong Ha has approved investment policy for a number of industrial parks (IP)s in key localities with the aim of effectively exploiting their land fund, attract investment and contribute to national economic growth.

They include IPs in northern Hai Phong city, central Da Nang city, the Mekong Delta’s Can Tho city, and the Central Highlands’s Dak Lak province.

The Nomura – Hai Phong (second phase) IP in northern Hai Phong city will be built into an eco-industrial park which will cover over 197 ha. Total investment capital is estimated at more than VND2.78 trillion ($108.7 million).

The Hoa Ninh IP in Da Nang city is designed to cover over 400 ha of land in Hoa Vang district.

The Phu Xuan IP in Dak Lak province will cover over 313 ha in Cu M’gar district.

The Vinh Thanh IP (second phase) will cover 540.58 ha in Vinh Thanh district, with total investment capital estimated at VND7.85 trillion ($307 million).