HEPZA sets target to attract over USD900 million
Thursday, 25/01/2018 18:36 (GMT+7)
In 2018, the Management Board of Ho Chi Minh city Export Processing and Industrial Zones Authority (HEPZA) set the target of luring USD900 million in investment capital, of which priority is given to supporting industries and key industries.
A corner of the Tan Thuan Processing Zone
Last year, total newly-licensed and adjusted capital in processing and industrial zones reached more than USD840 million. Of this, foreign investment capital posted nearly USD392 million and domestic investment was valued at about VND10 trillion (equivalent to USD448.2 million).
In the past year, it continued to develop high-rise factories as the Tan Thuan Processing Zone put into operation its eight-storey factory. In addition, it is speeding up the progress of realizing the model at Hiep Phuoc Industrial Zone, Linh Trung, Processing and Dong Nam Industrial Zone.
The positive result in investment attraction came from HEPZA’s actively accompanying investors in solving difficulties. Most administrative procedures were carried out directly at level 3 and some of the procedures will be upgraded to level 4.
In 2018, the Authority will continue to promote investment attraction in industrial sectors and supporting industries, focusing on renovating administrative procedures and improving the quality of providing administrative services for enterprises through information technology application./.
BTA
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