A corner of Dinh Vu-Cat Hai EZ, the first EZ in Hai Phong. The northern port city is planning to form another EZ in the south. (Photo courtesy of tinnhanhchungkhoan.vn)Spanning the districts of Do Son, Kien Thuy, An Lao, Tien Lang and VinhBao, this will be the second coastal EZ in the city after Dinh Vu-Cat Hai EZ,which was founded in 2008.
TheSouth Hai Phong Economic Zone will house important infrastructure projectsincluding Tien Lang airport, Nam Do Son port, and two logistics centers in KienThuy and Tien Lang, along with a port system along the Van Uc River, said LeTrung Kien, head of the management board.
The establishment of the new EZ will help the city optimise thedevelopment potential of its existing IPs and the Dinh Vu-Cat Hai EZ, he said.
It aims to leverage existing assets and infrastructure, connectingwith neighbouring economic zones like Thai Binh, Quang Yen and Van Don,creating a cohesive network of coastal economic zones that drive thesocio-economic development of the entire region.
Hai Phong strategic location as a transportation hub andindustrial centre in the Hong (Red)River Delta anchors several key economic corridors, including those from China(Kunming and Nanning) and Vietnamese coastal regions (Quang Ninh, Thai Binh,Nam Dinh and Ninh Binh).
In the past 30 years, Hai Phong has developed 14 industrial parksspanning 6,100 hectares and one 22,540-hectare economic zone, with a 63.8% occupancyrate. These zones have attracted 688 projects totaling 36.32 billion USD ininvestment.
The Dinh Vu-Cat Hai EZ has so far attracted 31 billion USD worthof investment from large foreign corporations such as LG, Pegatron, ReginaMiracle, Fujifilm and Koycera and major domestic companies like Vinfast,Geleximco and Xuan Cau. It has also created around 200,000 jobs./.
VNA
