New funding capital in HCMC’s industrial parks rises by 21% in Q1

HCMC – Recent funding capital in HCMC’s export processing zones and industrial parks reached US$90.14 million within the first quarter of the 12 months, rising over 21% year-on-year and reaching 16.39% of the 12 months’s plan.

New international funding approvals amounted to round US$48.8 million, a two-fold improve over the identical interval final 12 months, based on the HCMC Export Processing and Industrial Zones Authority (HEPZA).

Amongst these, 4 tasks acquired new funding certificates with whole registered capital of US$2.17 million, whereas 5 tasks added US$46.63 million.

Complete home funding capital in HCMC’s export processing and industrial zones reached over US$41.35 million, down 15.8% in comparison with the identical interval in 2022.

The January-March interval noticed 18 tasks put into operation, six below building, two terminated and one suspended resulting from an absence of orders and capital.

HCMC will proceed measures to draw funding into industrial parks and take care of difficulties in establishing new tasks.

HEPZA will manage extra dialogues between the administration board and companies to help them in overcoming difficulties and obstacles within the manufacturing course of within the second quarter.

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