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Last updated: 13/07/2007, 1:43 CH - View: 1975
HEPZA 15 years for establishment and development

 

According to the report of HEPZA, until the end of 2006, 15 industrial zones and processing zones in the city has attracted 1062 projects with the investment capital of 3.5 billion USD, accounting for 21% of projects and 12% of total investment capital in industrial zones, processing zones in the whole country.

 

Of the projects, foreign investment is 450 projects, with the total capital of 2.23 billion USD, accounting for 63% of total investment capital attracted in the city, the FDI capital rate in industrial zones, processing zones has increased more and more, from 3.81% in the period of 1991-1995 to 27.42% in the period of 2001-2006. Attracting domestic investment into industrial zones and processing zones of the city is 612 projects with total investment capital of 1.3 billion USD until the end of 2006. Comparing between these two capital sources, foreign capital is 1.7 time higher than domestic one. More 1000 enterprises in industrial zones have gone into operation, solving employment for nearly 250 thousand workers. Up to now 11 industrial zones have let enterprises rent all space or mobilize 80-90% the square area of industrial land, the rate of filling industrial land of industrial zones, processing zones in the site is 85% on average.
After the opening of Tan Thuan Processing Zone ( 1991) and Linh Trung Processing Zones ( 1992), the management board of industrial zones and processing zones in the city has been established. For 15 years of operation ( 1992-2007), HEPZA and 15 industrial zones and processing zones have opened a breakthrough direction, pushing industrialization and modernization process in the city, in which the first is to create an important change in professional economic structure, territorial structure following progressive trend, making the city’s face changed. Low- effective agricultural areas in Nha Be, Thu Duc, Binh Chanh, Cu Chi…now have been changed into industrial manufacturing areas with much times higher economic effect. The industrial value of the city continues increasing annual average growth speed is 14-15% in the period of 2001-2006. Foreign investment capital enterprises’ operation in industrial zones and processing zones has remained with high growth and most of enterprises have achieved good business result, contributing over 40 million USD to national budget in 2006. Simutaneously, the development of enterprises in industrial has spreaded, promoting the other services such as bank, insurance, transportation, trading…creating economic structure moving in the city.
Paralleling with the activities of industrial zones and processing zones, the state management task on industrial zones of HEPZA has been perfected and reformed step by step. On the result of the first implementing on “ one gate, at site” management mechanism, the management task of HEPZA has been perfected more and more, being applied widely in the whole country, contributing a important role in carrying out administrative reform in the activities of current social life.
Besides gained achievements, the quality of state management task for the industrial zones and processing zones of the city, directly in the activities of HEPZA has shown some disadvantages, reducing development effect of industrial zones and processing zones on the site.

In order to take advantage of opportunity, integrate actively into international community after joining WTO, HEPZA is accelerating all sides, combining actively with concerned agencies to expand more friendly relationship with enterprises; overcome the weakness in order to attract more foreign investment capital sources, creating favorable conditions for domestic and foreign enterprises to produce, do business effectively.

 

© Vietnam Industrial Parks Review
Lisence No.: 69/GP-TTĐT dated 30th June, 2016 issued by Ministry of Information and Communications of The Socialist Republic of Vietnam
Governing Agency: Ministry of Planning and Investment of The Socialist Republic of Vietnam
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