IPs land occupancy rate reaches 73 percent

The occupancy rate in operational industrial parks (IPs) across the country has reached 73 percent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.
IPs land occupancy rate reaches 73 percent ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – The occupancy rate in operational industrial parks (IPs) across thecountry has reached 73 percent, according to the Economic Zone ManagementDepartment under the Ministry of Planning and Investment.

As of earlyDecember, there were 324 IPs, including 44 foreign-invested ones, across thenation with a combined area of 91,800 hectares, of which 61,700 hectares werefor lease.

The southeastregion is home to 109 IPs, accounting for 34 percent, followed by the Red RiverDelta with 83 IPs (26 percent) and the southwest region with 52 IPs (16percent).

The total registeredcapital of the 324 investment projects in IPs’ infrastructure facility wasreported at 3.46 billion USD and 240 trillion VND (10.56 billion USD). Of which1.54 billion USD and 94 trillion VND (4.13 billion USD) has been disbursed,accounting for 44 percent and 41 percent of the total registered foreign anddomestic capitals, respectively.

As of the end ofNovember this year, all IPs in the country attracted a total 6,947 FDI projectswith 110.2 billion USD in registered capital. Of which 66.8 billion USD hasbeen disbursed, or 60.7 percent of the total registered capital.

Meanwhile,domestic projects operating in IPs totalled 6,464, with the total registeredcapital of 705.6 trillion VND (30 billion USD), half of which has been disbursed.

According toDirector of the Department Tran Duy Dong, the government should continue toimprove the planning of IPs in relations with plans on socio-economicdevelopment such as those on land use, industries, urban zones, residentialzones, among others.

The number andscale of IPs will be decided in accordance with local conditions while ensuringthe effectiveness of land use, he said, adding that monitoring and supervisionwill be strengthened to make sure IP development adheres to planning. -VNA
VNA

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