Chairman of the Ho Chi Minh City People’s Committee Le Hoang Quan
has asked management boards of industrial and export processing zones to
grasp opportunities when a new investment wave is expected to come in
the time to come, the Saigon Giai Phong (Saigon Liberated) online
newspaper reported.
It is an important factor to make
preparations for investment attraction, Quan said at a meeting with the
HCM City Export Processing and Industrial Zone Authority (Hepza) in HCM
City on July 30.
Quan asked exporting processing and industrial
zone infrastructure development companies to improve services for
investors, connect businesses in the zones with authorized agencies to
renovate equipment, improve their product quality and
competitiveness.
The zones should transfer economic structure,
link domestic with foreign companies to catch market demand and assist
development of support industry.
Deputy Head of Hepza Management
Board Nguyen Bach Hoang Phung reported at the meeting that they lured
333.47 million USD of investment capital in the first seven months this
year, accounting for 60.63 percent of its plan and up 55.49 percent over
the same period last year.
Prime Minister Nguyen Tan Dung has approved Ho Chi Minh City’s industrial plan by 2020 with 24 industrial zones.
According
to the plan, the 114 hectare Phu Huu IZ is taken out from the national
development plan of industrial zones by 2015 and visions until 2020.
The Prime Minister agreed to reduce Tan Tao IZ’s area from 175.57 to 161.35 hectares.
Phong
Phu’s area will fall to 134 hectares from 148.4 and will be converted
into a hi-tech complex, which 67 hectares will be for the industrial
zone.-VNA