Phu Yen lures many investors to industrial and economic zones

Within these, 22 projects outside of the industrial zones (IZ) cover ​​169.7ha of space and attracted $94.86 million in total investment value. Eight have been put into operation and 14 are in the investment preparation stage.

South Phu Yen EZ is home to 53 investment projects valued at more than $218 million in total capital value

Hoa Hiep 1 IZ is home to 29 projects, of which 23 have been put into operation and six others are in the process of investment preparation. The registered land area spans ​​50.28ha – equal to 81.65 per cent of the total area – and the total investment value sits at $97.2 million.

Hoa Hiep 2 IZ hosts two projects one of which has become operational. They both cover 73.18ha with a total investment value amounting to $26 million.

For IZs located outside of the EZ, 33 projects have been put into operation in An Phu IZ and seven are in the process of investment preparation. They total 44.39ha with an investment value of $60 million.

In Northeast Song Cau IZ - Zone 1, 20 projects have been put into operation and two are in the process of investment preparation. They cover ​​64.59ha in total, equal to 83 per cent of the total land area. The total investment value stands at $74.4 million.

Meanwhile, Northeast Song Cau IZ - Zone 2 has received two projects. One of which has finalised construction and commenced operations while the other involves developer Phu Yen Food Technology Co., Ltd. building a clean food factory cluster. Over ​​​​36ha of space has been approved by the provincial People’s Committee to allow it to move to a new location in Song Cau town.

To date, Phu Yen People's Committee has approved the investment policies of 19 projects with the total investment value of $116 million. It has also adjusted the investment policies of 17 other projects.

At the same time, Phu Yen has worked with many investors to explore opportunities in the province in areas such as tourism, real estate, golf courses, and high-tech aquaculture.

Corporations show interest in green industrial zones Vietnam is pushing ahead to attract leading global corporations, raising attention in integrated eco-industrial zones. Kim Ki Moon, director of YSL Group – the investor of the Green Park Vinh Phuc project – told VIR’s Oanh Nguyen about the important factors in forming green industrial zones

Large industrial zones set up to attract FDI Several large-scale industrial zones were being set up from the beginning of this year to capture the opportunity of attracting both foreign and domestic manufacturers in the wave of post-pandemic production and business recovery.