Hau Giang Province expands industrial zones to meet demand
Demand for production space
The Mekong Delta province of Hau Giang is home to four IZs for small and medium-sized enterprises, totaling 177.56 hectares in area and attracting 41 projects from different economic sectors, 24 of which have been put into operation with a total investment capital of almost VND3.693 trillion.
According to the Hau Giang Province Department of Industry and Trade, IZs have greatly contributed to the province’s industrial growth and are providing a large number of jobs with stable incomes.
The demand for production space in industrial zones is growing |
Specifically, each provincial IZ-based project has average registered capital of VND90.07 billion, while the investment rate in provincial IZs is VND31.98 billion per hectare. Provincial IZs have reached an average industrial production value of VND6.85 billion/ha/year and provided 5,210 jobs with an average monthly income of VND5.5 million per worker.
The department says the demand for workspace in IZs is growing. Of the 1,700 industrial trading and production businesses in the province, more than 1,500 are located outside IZs. The province will gradually move those businesses to IZs, requiring an additional 450ha of land.
Improving infrastructure
By 2025, Hau Giang plans to establish five more IZs, expand two others and reach an average IZ occupancy rate of more than 70 percent. In the 2026-2030 period, the province will continue to improve IZ infrastructure, increase occupancy rate and bring the rate of IZs with standard wastewater treatment systems to 90 percent or higher.
The province encourages IZ-based investment in processing and manufacturing, mechanical engineering, mechanical assembly, electrical and electronic equipment, textile and garment, leather and footwear, farm produce and consumer goods processing, medical equipment and instruments, waste treatment, support industries and services for industrial production.
The Hau Giang Province Department of Industry and Trade has prepared plans to attract investment in IZ infrastructure, science and technology, market access and human resource development.
Hau Giang Province’s IZs are expected to attract investment capital worth almost VND6.5 trillion in the 2021-2030 period, including an estimated site clearance cost of VND2.327 trillion and infrastructure development capital of VND4.165 trillion. |
See also
PM orders acceleration of public investment disbursement for 2024
11:51 | 10/07/2024 Domestic investment
Joint efforts needed to speed up public investment
06:00 | 06/01/2024 Domestic investment
Public investment: Key to growth
06:00 | 21/09/2023 Domestic investment
Public investment disbursement crucial for recovery
06:00 | 03/08/2023 Domestic investment
Initiative speeds up investment disbursement
06:00 | 14/03/2023 Domestic investment
Hanoi, HCM City record highest disbursement of public investment capital in January
08:20 | 07/02/2023 Domestic investment
See more news
Son La Province enhances capital disbursement
13:00 | 24/09/2022 Domestic investment
Red River Delta attracts logistics investment
06:00 | 30/08/2022 Domestic investment
Officials urge greater state investment in industry promotion
14:00 | 10/06/2022 Domestic investment
Craft village development facilitated
09:00 | 25/04/2022 Domestic investment
MoU signed to foster Vietnam-Canada cooperation in science, technology
17:04 | 25/11/2024 Science - Technology
First Vietnamese scientist named at UK’s TechWomen 100 Awards
17:00 | 25/11/2024 Science - Technology
Vietnamese, Bulgarian Presidents hold talks in Hanoi
16:59 | 25/11/2024 News and Events
Ninh Bình looks to capture Japanese tourism market
16:56 | 25/11/2024 Tourism
Cần Thơ City to host HCM City, Mekong Delta tourism, trade event
16:52 | 25/11/2024 Tourism
Multimedia
Banning motorbikes - a complex issue
09:32 | 24/11/2024 Society
Strengthening Vietnam-Cambodia friendship and cooperation
09:00 | 22/11/2024 Infographic
Vietnam - Malaysia Strategic Partnership
10:54 | 21/11/2024 Infographic
Vietnam, Dominican Republic strengthening cooperation
08:45 | 20/11/2024 Infographic
Vietnam - Brazil strategic partnership
10:26 | 19/11/2024 Infographic
Party Central Committee concludes 13th Conference with major resolutions for reform and national development
16:37 | 25/11/2024 Policy
New decree on using telecommunications accounts for payment proposed
09:29 | 22/11/2024 Policy
Parliament approves amendments to pharmacy law
08:54 | 22/11/2024 Policy
VAT tax reduction should continue until mid-2025: Ministry
17:15 | 21/11/2024 Policy
Huge potential for VN, UK to boost cooperation in clean energy
15:29 | 25/11/2024 Energy
Vietnam’s automotive supporting industry: A bright future ahead, riding the wave of growth
20:42 | 22/11/2024 Industry
VN's food processing industry struggles to improve quality and value chain integration
11:36 | 22/11/2024 Industry
Tra fish sector aiming for production, processing greening for sustainable development
15:38 | 20/11/2024 Industry
Japanese retailer Aeon to break ground on 4th shopping mall in Northern Vietnam
15:54 | 25/11/2024 Investment
Thai packaging giant takes 30-year lease for largest ready-built factory in Tay Ninh
16:58 | 22/11/2024 Investment
Workshop seeks ways to attract Japan’s green investment to Vietnam
09:43 | 20/11/2024 Investment
Government approves investment policy to build Cam Lien Industrial Park in Quang Binh
16:57 | 18/11/2024 Investment
Promoting credit for key agricultural sectors in Mekong Delta
11:11 | 25/11/2024 Finance-Banking
HDBank wins three awards at Vietnam Listed Company Awards 2024
10:53 | 21/11/2024 Finance-Banking
VIB, Flywire partner to streamline cross-border payments for students from Vietnam
16:46 | 18/11/2024 Finance-Banking
Vietcombank issues 2 trillion VND worth of green bonds for first time
18:55 | 16/11/2024 Finance-Banking
Businesses support Vietnam’s net zero target
16:18 | 25/11/2024 Environment
Prolonged rainfall and landslides disrupt life in central region
15:43 | 25/11/2024 Environment
Tough negotiations to prevent Earth’s warming
10:38 | 24/11/2024 Environment
MoT view on raising emission standards for scooters from 2027
19:46 | 23/11/2024 Environment
MoU signed to foster Vietnam-Canada cooperation in science, technology
17:04 | 25/11/2024 Science - Technology
First Vietnamese scientist named at UK’s TechWomen 100 Awards
17:00 | 25/11/2024 Science - Technology
Vietnam: A global magnet for scientific talent
16:58 | 24/11/2024 Science - Technology
Samsung launches technology talent development programm
09:36 | 24/11/2024 Science - Technology
Việt Nam must gear up for green mobility transition: experts
15:39 | 25/11/2024 Society
iCare+ App launched on App Store to accompany diabetes patients
14:30 | 25/11/2024 Society
Vietnam leads ASEAN in number of students studying in US
14:18 | 25/11/2024 Society
Hà Nội to change to green energy buses by 2035
09:49 | 25/11/2024 Society
The essence of Chuon Ngo Mother-of-Pearl Inlay Village
16:42 | 25/11/2024 Vietnamese Brands
Petrovietnam grows strongly thanks to volatility management
07:29 | 24/11/2024 Companies
Doubling insurance product’s payout significantly benefits customers
16:22 | 22/11/2024 Vietnamese Brands
PJICO: 30 years of development
11:19 | 22/11/2024 Vietnamese Brands
Long An's 2nd Culture, Sports, Tourism Week to kick off in late November
16:49 | 25/11/2024 Culture
Exhibitions in Hà Nội downtown celebrate Heritage Day
13:55 | 23/11/2024 Culture
Vibrant cultural rendezvous in Hanoi
15:30 | 22/11/2024 Lifestyle
Cultural activities celebrate Việt Nam Heritage Day
10:06 | 22/11/2024 Culture
Ninh Bình looks to capture Japanese tourism market
16:56 | 25/11/2024 Tourism
Cần Thơ City to host HCM City, Mekong Delta tourism, trade event
16:52 | 25/11/2024 Tourism
Hanoi promotes craft village tourism
15:30 | 25/11/2024 Tourism
Quang Nam to host UN international conference on rural tourism
09:46 | 24/11/2024 Tourism