The investment attraction situation in Ho Chi Minh City in 2022 is more favorable since the city opened to international visitors on March 15, 2022, creating favorable travel conditions for investors.
On January 5, the Management Board of Export Processing Zones and Industrial Parks of Ho Chi Minh City said that in 2022, the total investment capital attracted, both new and adjusted, is more than $549 million, reaching 109.82% plan; foreign investment capital reached $196.6 million; domestic investment capital reached more than $8,150 billion (equivalent to $352.48 million).
According to Mr. Hua Quoc Hung, Head of the Management Board of Export Processing Zones and Industrial Parks in Ho Chi Minh City, the investment attraction situation in 2022 is more favorable since the city opened to international visitors on March 15, 2022, creating favorable travel conditions for investors.
Therefore, many investors come to invest in industrial parks, stimulate real estate projects in industrial parks to welcome the wave of investment attraction,
Vietnam is also an attractive investment destination for foreign investors.
Investment efficiency in export processing zones and industry also has many positive changes.
Specifically, the investment rate per hectare in 2022 will reach $7.17 million/ha, an increase of 20% compared to the average investment per hectare of export processing zones and industrial parks.
However, the current difficulty is that the land fund to attract investment is still limited, there is a lack of large land funds for investment attraction because the existing industrial parks are gradually filling up or there are problems in determining the land rental price for the state.
Many industrial parks have not yet signed land lease contracts with the State for the completed area of land clearance compensation or have not completed compensation and site clearance, in addition, some new industrial parks are slow to deploy.
Manufacturing mechanical components at Misumi Vietnam Company - Linh Trung Export Processing Zone, Thu Duc, Ho Chi Minh City
Forecasting the domestic economy, Ho Chi Minh City in the new year 2023 will continue to face many difficulties and challenges, especially many businesses reducing orders; The situation of input materials supply, as well as product consumption market, is not favorable due to conflicts and wars in the world.
Therefore, in order to effectively carry out the task of attracting investment in 2023, the city's Management Board of Export Processing Zones and Industrial Parks will focus on restructuring investment in export processing zones and industrial parks; in which, promoting investment attraction in industries, fields, and stages with high scientific-technological content and high added value on the basis of high-tech industry and digital economy, especially mechanical engineering in the direction of automation, applying artificial intelligence to information technology such as electronics, information, software, microchips, robots...
At the same time, focus on developing the fashion industry, textile, footwear, and design industry; encouraging the development of industrial support services; focusing on building standards and high-rise factories to meet investment attraction in the context of the increasingly limited land fund in the industrial park.
The management board will also focus on creating a land fund to be ready to attract investment; supporting enterprises to stabilize and develop products; focusing on sustainable environmental protection, and management of planning and construction orders...
At the same time, implementing the project "Orientation for the development of industrial and export processing zones in Ho Chi Minh City in the period of 2022-2030 with a vision to 2040" after being approved by the city's leaders...
In addition, the management board will strengthen coordination with functional departments and agencies to support enterprises in technological innovation, reducing labor intensiveness, and shifting from processing and assembling activities to design production and export activities.
Step-by-step participation in domestic and foreign supply chains, towards sustainable environmental protection and suitable for employing increasingly skilled and technical workers, through the investment stimulus program, and loan support for enterprises in the supporting industry.
Together with the above solution groups, the management board will strengthen the building of a harmonious labor relationship; take care of workers' lives; maintain security and order in export processing zones and industrial parks; effective prevention of the COVID-19 epidemic.
At the same time, improve the effectiveness and efficiency of State management; perfecting the model of a "one-stop-shop, on-site" management mechanism and speeding up administrative reform.../
(Vietnam Plus)