FDI attracted by IPs, EZs account for 35-40%

FDI capital attracted by Industrial Parks (IPs) and Economic Zones (EZs) nationwide account for 35-40% of the country’s total in recent years, according to the Vietnam Association of Realtors (VARS).

There are 11,200 active FDI projects at IPs and EZs, with a total combined registered capital of $231 billion.

They so far attracted over 10,400 domestic projects, with a total investment capital of over VND2.54 quadrillion ($99.8 billion).

IPs and EZs have created 4.15 million jobs.

Figures from the VARs also showed that occupancy rates at IPs continued to head upwards with an average occupancy of 75%. The occupancy rate at key localities in the north and the south is 82% and 92%, respectively.

Higher demand has also pushed the industrial land rental prices to 8-12% annually. The average rental price of IPs is $135 per sq m in the north and $188 per sq in the south.

There have been 418 IPs and export processing zones established nationwide with a total land area of nearly 1.3 million ha, figures from the VARS show.