Friday, 28/01/2011 15:20

Ha Noi IZs urged to offer investment incentives

The management board of Ha Noi's industrial parks and export processing zones should create favourable conditions for enterprises and local authorities to promote investment, said Nguyen Huy Tuong, Vice Chairman of the Ha Noi People's Committee.

In particular, IPs and EZs should build apartment blocks for workers, Tuong said.

Ha Noi's IPs and EZs last year granted licences to 99 projects, totally valued at US$136 million, an 8 per cent rise against 2009, he said.

The revenue of enterprises in IPs and EZs reached $3.6 billion, 12.3 per cent up against 2009, contributing $74 million to the State budget. The total export value hit $2.1 billion, accounting for 26 per cent of the city's total exports.

The total import turnover reached $2.1 billion, up 31 per cent compared to 2009, accounting for over 10 per cent of the total import turnover.

Enterprises in IPs and EZs in the capital created jobs for more than 100,000 additional workers last year. Authorities in the capital have simplified administrative procedures in a bid to attract additional investment.

vietnamnews

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