Investment in industrial parks increases over 39 percent

Industrial parks and export processing zones in HCMC attracted US$384 million investment capital at the end of June, getting 77 percent of plan and increasing 39.36 percent over the same period last year.

Auto equipment manufacturing at Japanese MTEX Company in Tan Thuan export processing zone, HCMC (Photo: SGGP)

Auto equipment manufacturing at Japanese MTEX Company in Tan Thuan export processing zone, HCMC (Photo: SGGP)

That was reported by HCMC Export Processing and Industrial Zone Authority (Hepza), saying that investment attraction was better than last year.
Of the total number, foreign direct investment (FDI) capital reached $160 million, up 24.14 percent and domestic investment hit $224 million, up 52.27 percent. Land area for rent touched 68 hectares, up 1.74 times over the same period last year.
Largest FDI investors in HCMC have been South Korean, Taiwanese and Japanese. They have mainly invested in food processing, support products in leather and footwear industry and mechanics.

By AI VAN – Translated by Hai Mien

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