In 2021, Hai Phong targets to attract foreign direct investment (FDI) capital between 2.5 - 3 billion USD, proactively promote and selectively attract investment in industrial and service projects using modern technology with high efficiency.
To achieve this goal, Hai Phong Economic Zone Authority (HEZA) has been focusing on completing to submit the Standing Committee of Hai Phong Party’s Committee for its approval on Resolution on tasks and solutions to promote the management and development of industrial zones and clusters of the City by 2025, oriented by 2030.
Hai Phong will also adjust the master plan for the construction of Dinh Vu-Cat Hai economic zone and focus on carry out the action program of the Standing Committee of Hai Phong Party’s Committee to implement Resolution No. 45-NQ/TW of the Politburo on the construction and development of Hai Phong by 2030, oriented by 2045, including the content on the establishment of new industrial zones.
Hai Phong aims to attract investors to its industrial and economic zones focusing on three economic pillars, namely high-tech industry, seaport-logistic, tourism-trade; proactively attract selective and qualifying investment in line with the city’s orientation in economic structure; focus on attracting potential investors with advanced and environmentally friendly technology.
HEZA is responsible for reviewing and adjusting the planning of Dinh Vu-Cat Hai economic zone and other industrial zones to proactively ensure the clean land fund for investment attraction, especially in the economic and industrial zones which are identified as major ones. It is also important for HEZA to focus on mobilizing resources from enterprises to develop technical infrastructure of the industrial zones.
Along with completing the procedures for the approval of some industrial zones’ establishment such as An Hoa, Giang Bien II, Vinh Quang Urban and Services, An Hung-Dai Ban, Tien Thanh, Kien Thuy ..., Hai Phong has been implementing the pilot projects to convert two existing industrial zones into eco-industrial zones; realizing the model of linking chain industrial zones in order to increase the connection and influence of industrial zones’ inside-enterprises with the outside ones.
Local agencies are urging to resolve the existing problem to speed up the land clearance’s progress in VSIP, Nam Cau Kien, An Duong, Hai Phong international gateway port to create land fund for investment attraction.
At the same time, Hai Phong has actively mastered the situation, promptly solved difficulties and problems during the projects’ process, thus contributing to create a favorable and attractive investment environment, especially for ongoing projects and upcoming ones.
In 2020, 39 new FDI projects with total capital of more than 1,100 million USD were attracted into Hai Phong's industrial and economic zones, in which 25 FDI projects have been adjusted to increase the capital up to more than 428 million USD. That increased the total attracted capital to nearly 1,530 million USD (21% higher than last year’s same period), which reached 102% of the plan. By December 31, 2020, 400 FDI projects with a total investment of nearly 16,250 million USD was attracted in Hai Phong’s economic and industrial zones.