Developing industries and industrial zones

July 28, 2011 | 09:10

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More than 60 per cent of areas in industrial zones (IZs) and one-fourth of areas in industrial complexes (ICs) have been rented so far.

The information was announced at an international seminar on the development of industrial zones and complexes in Danang on July 27.

Since 1991, the country has established 260 IZs, more than 170 of which have been put into operation. IZs with an area of under 20ha account for nearly half, while IZs with an area of under 100ha make up one-fifth.

Coordination among foreign and domestic invested businesses is low, leading to weak competitiveness.

Vo Tri Thanh, deputy director of the Central Institute for Economic Management, said that to further develop ICs, large international groups like Canon and Samsung need to increase their cooperation with domestic partners. He stated that by transferring technology which would help Vietnamese businesses to develop, competitiveness could be improved, thus contributing more to national GDP.

VOV

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