Industrial and export processing zones in HCM City lure $491 mln of FDI in 11M

Export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City attracted approximately $491.7 million of FDI capital as of December this year, equivalent to 89.4% of the annual target, according to the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA).

The figure for the whole year is expected to reach $550 million.

Regarding investment attraction in the city’s high-tech park, there are currently 7 projects under construction while 12 others are scheduled to kick off in the first and second quarter of 2025.

In the first 11 months of the year, HCM City lured over $2.28 billion of FDI capital, ranking third among 63 centrally-run cities and provinces, and accounting for nearly 7.3% of the country’s total.