HCMC plans 14 new industrial parks by 2033
The city also plans to rapidly shift resource-intensive, low-value-added sectors toward high-tech and environmentally friendly industries.
Ho Chi Minh City has announced its industrial park planning for 2021-2030, with a vision to 2050, along with investment attraction solutions for 2025.
Under the 2025-2033 development plan, the city will establish 14 new industrial parks, spanning a total area of more than 3,800 ha.
According to Mr. Vo Van Hoan, Vice Chairman of the City People's Committee, after over 30 years of development, the city’s industry is facing limitations as labor resources, management, and technology gradually becoming outdated. To maintain growth and competitiveness, the industry must undergo significant transformation, ensuring it keeps pace with other localities and global markets.
Mr. Pham Thanh Truc, Deputy Head of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA), stated that during this new development phase, HCMC aims to preserve its industrial land bank while pursuing in-depth transformation to enhance quality and competitiveness, restructuring towards high-tech industries, the digital economy, the green economy, and the circular economy. The city also plans to rapidly shift resource-intensive, low-value-added sectors toward high-tech and environmentally friendly industries.
Currently, HEPZA is collaborating with infrastructure companies to pilot transformations in five existing export processing zones and industrial parks, including Tan Thuan, Hiep Phuoc, Tan Binh, Cat Lai, and Binh Chieu. These areas will be converted into high-tech industrial parks, eco-industrial parks, industrial-urban-service complexes, and logistics centers.
For its new industrial parks, the city plans to build smart, modern facilities, featuring specialized industrial zones aligned with the city’s strategic vision. The goal is to establish industry clusters, both within individual industrial parks and among neighboring zones, fostering an environment that effectively attracts investors and contributes to the city’s socio-economic growth.
