Hanoi’s IZs attract 613 million USD investment capital in 2023

Head of HIZA Le Quang Long spoke at the event. (Photo: hanoimoi.vn)

In his speech at the event, Head of HIZA Le Quang Long said that in 2023, HIZA regularly coordinated with Departments, branches and the city Center for Investment and Trade Promotion to build plans to boost popularization, and increase activities for promotion and investment attraction. At the same time, the authority timely guided and provided information for investors who seek investment in IZs in the city.

With the above efforts, as of December 2023, industrial zones attracted investment in 10 new projects, including 5 domestic projects with registered capital of 491 billion VND and 5 FDI projects with registered capital of 170 million USD, and 20 expansion projects with increased capital of 137.6 million USD and 6,905 billion VND.

In 2023, IZs are expected to lure 613 million USD, an increase of 71.16% over the same period in 2022.

Long said that administrative procedure reform has been implemented effectively. This year, the authority received and processed 6,462 incoming documents; and promoted the application of electronic documents with specialized digital signatures of the Government in document issuance under the direction of the City People’s Committee, 100% of documents are processed in accordance with regulations.

So far, there are 710 secondary projects operating in IZs, including 302 FDI projects with nearly 6.7 billion of registered capital and 408 domestic projects with more than 26 trillion VND of registered capital.

As many as 27 countries and territories poured capital in IZs in the city, with Japan accounting for about 60% of total investment capital. Many projects attracted large investment capital from multinational companies with advanced and high technology such as Canon, Yamaha, Meiko, Terumo and Hoya./.