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Hanoi expansion should help industry
The expansion of Hanoi has brought opportunities along with challenge in terms of the development of the industrial sector, according to the head of the Ha Noi Industry and Commerce Department.
The expanded Hanoi is planning to call for selective investment into technological sectors and enterprises, to ensure stable development, said the department's director Luu Tien Long.
To call for investment, the industrial sector in Hanoi must reform itself, including expanding the high-tech region in Hoa Lac and the technological region in Tu Liem, Long said.
Industrial regions and complexes in the pre-expansion Hanoi have already been occupied, making it difficult to attract large projects, Long said.
The expansion of Hanoi should mean more opportunities to attract investment projects, especially in high-tech, clean technology and value added technology sectors, he added.
The larger city would create favourable conditions for industrial zones processing agricultural products and abattoirs with increasing demand for agricultural and clean foods, he said.
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Industrial production up 17% at FDI firms |
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Industrial production value in the first nine months of the year from foreign direct investment (FDI) enterprises in Hanoi increased 17.6 per cent over the same period values last year.
Eighteen out of the total 20 industrial sectors in the city made gains in production value, including the production of paper products up 150 per cent, leather products 51.4 per cent, rubber and plastic 42.1 per cent, motorbikes 37 per cent and the publishing industry 34.8 per cent.
Meanwhile, the industrial production value of the textile industry and processing of timber and forest products saw declines of 32.2 per cent and 19.8 per cent, respectively.
Twenty more FDI enterprises were put into operation during those nine months, accounting for 0.4 per cent of the total production value of FDI firms. |
The expanded Hanoi would also attract more large-scale enterprises, as companies have realised that if they are located in Hanoi but do not invest in advanced technologies and produce high value products, they will not be viable.
Regarding key industrial products, Long said the department has chosen 33 products and recently submitted eight more products to the People's Committee of Hanoi.
Addressing export potential, he said that Hanoi would focus on information technology and handicrafts, while the percentage of footwear and garments in the capital city's export structure would likely decline.
Hanoi has an advantage in housing many traditional craft villages, so the city plans to boost training in these villages, and improve the quality of training and export promotion.
He did address pollution stemming from traditional craft villages, including Bat Trang, Van Ha and Lien Ha as a challenge that has yet to be solved absolutely, noting that in the future, authorities would pay special attention to the problem to ensure sustainable development of the industry.
VNN
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