Hai Phong determined to overcome limitations in attracting investment

The main limitations in attracting investment in industrial parks and economic zones have been identified and Hai Phong is determined to overcome them.

Workers working at LS Metal Vina Co., Ltd. (DEEP C Industrial Park Complex)

Identify the main limitations

One of the limitations that need to be resolved soon in industrial parks and economic zones in the city is the low efficiency of land use. The average occupancy rate is only about 44.5%, if excluding new industrial parks, it is only about 55%. There is still a lot of vacant land, leading to waste of land resources, reducing job creation opportunities and budget revenue.

There is a significant difference in investment rates between industrial zones, leading to disproportionate budget contributions per hectare of land. In addition, many projects have been allocated land but are used inefficiently, behind schedule, and some projects are even stuck in a backlog, with construction halted for a long time without being completely resolved. These are the direct causes that reduce the attractiveness of the industrial park and economic zone system in the eyes of investors.

Another limitation is the lack of synchronous technical infrastructure. Many industrial parks have not yet met the demand for electricity, water, and environmental treatment systems, causing investors to worry about operating costs and long-term stability. Site clearance work is still slow, leading to missed beats in receiving large-scale projects.

In addition, social factors associated with industrial zones have not received due attention and have not kept up with reality. Labor demand is increasing rapidly, but the system of workers' housing, social housing, cultural - medical - educational institutions has not developed in time, leading to an imbalance in labor supply and demand, affecting the ability to attract and retain a stable labor force.

Perspective of Trang Due 3 Industrial Park with a total investment of more than 8,000 billion VND, which broke ground last May.

At the Dialogue Conference with enterprises in An Duong Industrial Park recently organized by Hai Phong Economic Zone Management Board, a representative of Tham Viet Investment Union Company Limited (investor of An Duong Industrial Park) said that the industrial park is now basically completed in terms of infrastructure, attracting many secondary investment projects, high occupancy rate, creating many jobs for workers and contributing to the budget, making a practical contribution to the development of the city.

The company requested the city to continue to pay attention and facilitate the clearance of the remaining area. Enterprises in the industrial park also recommended that the city have policies and mechanisms to attract human resources and increase the fund of low-cost housing for workers, thereby solving difficulties related to labor recruitment.

Determined to remove and create new motivation

According to the plan, the Hai Phong Economic Zone Management Board determined to attract 20 - 25 billion USD in the entire period of 2026 - 2030, an average of 5 - 6 billion USD/year, of which FDI accounts for 4 - 5 billion USD, DDI about 1 - 2 billion USD, with a structure of 40% coming from operating enterprises and 60% from new investors. This means that the existing limitations in the system of industrial parks and economic zones, if not handled immediately, will not only slow down the progress in 2025, but also directly affect the ability to make a breakthrough in the next term.

Faced with the above limitations, the Hai Phong Economic Zone Management Board has proactively developed an action plan, focusing on key stages. Comrade Le Trung Kien, member of the Standing Committee of the City Party Committee, Head of the Hai Phong Economic Zone Management Board, affirmed that in order to enhance the attractiveness of the investment environment, it is necessary to first focus on site clearance and infrastructure completion. This is a prerequisite for large projects, especially high-tech projects, to be implemented quickly and effectively.

Accordingly, the Hai Phong Economic Zone Management Board closely coordinates with departments, branches and localities to speed up the progress of site clearance for key projects. In the immediate future, it will focus on resolving the problems of site clearance for operating industrial parks. Maximum support for infrastructure enterprises to carry out planning, construction and environmental procedures to speed up the progress of creating land to attract investment. The Board also focuses on implementing the Southern coastal economic zone, specialized economic zones, successfully operating the free trade zone, and at the same time studying and proposing the establishment of the Northern economic zone to create a new growth pole for the city.

At a recent meeting with the Hai Phong Economic Zone Management Board, Comrade Le Ngoc Chau, Deputy Secretary of the City Party Committee and Chairman of the City People's Committee, requested the Hai Phong Economic Zone Management Board to develop a specific growth scenario for industrial parks and economic zones until the end of 2025 and 2026, in which specific indicators contributing to overall growth are quantified. The Hai Phong Economic Zone Management Board was also assigned to focus on removing bottlenecks in land, technical infrastructure, electricity, water, environment and procedures, while speeding up the progress of key projects; urgently coordinate with relevant units to complete and organize the appraisal of the Free Trade Zone Project, and submit it to the City People's Committee in September 2025.

Hai Phong aims to promote selective investment, prioritizing high-tech, semiconductor, AI, and logistics projects in the new period. Photo: Automatic car production line at Vinfast Factory in Dinh Vu - Cat Hai Economic Zone.

Another important task is to promote selective investment, prioritizing high-tech, semiconductor, AI, and logistics projects; and at the same time, quickly convert commitments at the 2025 Investment Promotion Conference into actual projects. Regarding institutions, the Hai Phong Economic Zone Management Board is assigned to focus on developing a "Set of criteria and conditions for land access" with specific sanctions, in order to improve land use efficiency, prevent land from being retained without implementation, low investment rates, and outdated technology.

Chairman of the City People's Committee Le Ngoc Chau emphasized the need to develop workers' housing, social housing and cultural - medical - educational institutions associated with industrial parks; research preferential policies to attract high-quality experts and engineers...

With strong political determination and synchronous solutions, Hai Phong is creating a transparent and attractive investment environment, ready to welcome large capital flows. This will be the foundation for the city to make a strong breakthrough, rising to become the leading industrial - logistics growth pole in the country in the new period.

LE HIEP

Source: https://baohaiphong.vn/hai-phong-quyet-liet-khac-phuc-han-che-ve-thu-hut-dau-tu-520995.html