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Vietnam's economic, industrial parks get more capital flows in 2021

20 Jan '22
2 min read
Pic: Hai Huy Ton That | Dreamstime.com
Pic: Hai Huy Ton That | Dreamstime.com

Vietnamese economic and industrial parks drew 539 foreign-invested and 615 domestic projects with a total registered capital of $12.8 billion in 2021 despite the pandemic. This was up by 15 per cent annually, according to the ministry of planning and investment (MoPI). The additional capital reached 236.2 trillion VND, equivalent to that in 2020.

As of late 2021, the country was home to 564 under-planning industrial parks with a total area of 211,700 hectares and 398 established industrial parks covering 123,500 hectares—with 292 out of them operational—and 108 under-construction ones.

Among the 292 operational ones, 265 were equipped with concentrated wastewater treatment plants capable of processing a maximum of 1.24 million cu. m each day, or 91 per cent—meeting the target assigned by the National Assembly.

Occupancy rate at industrial parks reached 52.5 per cent, while the same in the operational ones was nearly 71 per cent, according to a news agency.

At present, there are 18 coastal economic zones in 17 cities and provinces in the country with a total land and water surface area of 871,500 hectares.

So far, industrial parks and economic zones have attracted 10,331 foreign and 10,288 domestic projects worth $231.6 billion and $11.04 billion respectively. The disbursed capital reached around 69 per cent and 46.5 per cent of the total registered capital.

Fibre2Fashion News Desk (DS)

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