Foreign investment exceeding $935.3 million.

310 projects are now in operation in the south-central province’s IPs.

All industrial parks in the province stand ready to welcome investors, conference in Sydney hears.

Three to be developed into multi-sector, high-tech parks.

Businesses at EPZs and IPs receiving support to upgrade technology.

New facilities expected to draw investment in a host of sectors.

A shortage of schools and health clinics remains in some residential areas and industrial parks.

Decree No. 35/2022/ND-CP stipulating the management of industrial parks and economic zones and issued on May 28, 2022, is an important policy directing the development of industrial park infrastructure in Vietnam. However, though it is considered a breakthrough measure and removes cumbersome administrative procedures, its implementation still has drawbacks that need to be dealt with.

The Binh Thuan Provincial People’s Committee has approved a housing development plan for the 2021-2025 period that focuses on social housing and housing for workers at industrial parks. The south-central province is striving to have an average housing area of 27 sq m per person by 2025.

The Prime Minister has approved a project on infrastructure construction and business at the Nhuan Trach Industrial Park (IP) in northern Hoa Binh province. The project is on 200 hectares with total investment of nearly VND2.4 trillion ($104.7 million).