The IZ management board has granted investment licences to 8 new projects, including three from foreigners and 5 domestic businesses, and approved 4 additional capital projects.

This year, Hanoi aims to lure around US$180-200 million in investment capital and US$300 million for IZ infrastructure development.

Hanoi currently has 17 IZs and Hi-tech Parks, covering nearly 3,500ha, 8 of which have been put into operation. The management board has step up investment promotion and advertised IZs’ potential to attract more major domestic and foreign investors.