HCM City aims for US$8.5 mln per ha in export processing, industrial zones
VOV.VN - The management board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (Hepza) has set a target of attracting US$550 million in investment capital this year, averaging at US$8.5 million per ha.
Concurrently, the board is poised to finalise the pilot conversion project for Tan Thuan Export Processing Zone, along with Tan Binh, Cat Lai, Hiep Phuoc, and Binh Chieu industrial parks (IPs); and build 25,000 sq.m of high-rise workshop space.
As a means of drawing more capital, Hepza will work hand in hand with the municipal Department of Planning and Investment to propose investment criteria for approval by the municipal People's Council, specifically tailored for export processing zones and IPs. It will also undertake a project outlining development orientations for these zones and IPs in Ho Chi Minh City for the 2023 to 2030 period, with a vision extending towards 2045.
Hua Quoc Hung, director of Hepza, underlined the focus on administrative reform, aiming to improve the Public Administration Reform Index (PAR INDEX), the Departmental, Sectoral and Local Competitiveness Index (DDCI), and the Digital Transformation Index (DTI).
The board pledges to step up efforts in terms of electronic payment, document digitization, and ensuring that at least 70% of all administrative procedures are conducted online.
Special attention will therefore be given to supporting firms in line with the southern city's regulations on interest rates, especially for projects in priority sectors. Businesses within export processing zones and IPs are to be linked with industry associations and regular dialogues between the board and firms conducted to deal with any challenges they encounter, Hung stated.
According to him, social resources will be pooled as a means of provide care for workers and maintaining security in export processing zones and IPs, thereby making them appealing to more investors.
