Industrial zones record US$110 billion in nine-month revenue

The total revenue of industrial and economic zones nationwide reached US$110 billion in the first nine months of this year, up 90% over the same period in 2014 and equivalent to 85% of the year's target, according to the Ministry of Planning and Investment (MPI).

 

My Tho Industrial Park in Tien Giang province. Photo: Huu Chi

In the nine-month period, enterprises operating at industrial zones posted a total export turnover of US$47.6 billion, up 33% against the same period in 2014 and equivalent to 69% of the target set for 2015, contributing 57% to the total national export turnover.

In the meantime, industrial zones reported a total import turnover of US$45.5 billion, up nearly 25% compared to the corresponding period in 2014 and equivalent to 59% of 2015's target.

 

Industrial and economic zones have created jobs for an aggregate 2.57 million people including 1.48 million women (accounting for 62%) and 1.09 million men (accounting for 38%).

 

According to the MPI, industrial and economic zones have also attracted US$8.72 billion worth of foreign direct investment (FDI) in the first nine months of this year, up 12% compared to the same period in 2014 and accounted for 85% of the total national FDI attraction in the area of manufacturing and processing industries.

 

By the end of September 2015, as many as 299 industrial zones have been established nationwide with a total area of nearly 84,000ha including 56,000ha available for lease. 212 industrial zones have been put into operation while 87 others are currently under construction.

 

(Source: nhandan.org.vn)