Industrial Zones Nationwide Bring in $24.2 Billion

Industrial zones (IZs) nationwide have so far attracted US$24.2 billion in foreign direct investment.

A view of Nhon Trach 1 Industrial Zone in Dong Nai Province

The country now has 148 IZs, 90 of which are operational with the remaining 58 still under construction.

The Prime Minister has also given the nod to add new IZs as part of the country’s priority development scheme.

The country licensed six projects to build IZs on 836 hectares in the first seven months of the year.

Newly-established and expanded IZs are mainly located in southern provinces, including the 256-hectare Thanh Duc IZ in An Giang province, the 194-hectare Minh Hung IZ in Binh Phuoc province and the 140 hectare expanding Viet Huong II IZ in Binh Duong province.

Source: VNA

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