Industrial parks ‘half empty’

Less than half of the 136 planned investment projects in the Central Highland province of Dak Lak have been implemented, according to a report issued by the provincial People’s Committee.

Just over half of the total area of industrial parks and complexes in the province was being used, the report said.

Only six out of the 11 projects that have been granted investment licenses in the Hoa Phu Industrial Park , the province’s largest industrial park with 181.7ha, have started operation, occupying 64 percent of the IP’s area.

Tan An No 2 Industrial Complex covering an area of 56.52ha has only three out of the 11 registered investment projects operating, occupying only 20ha.

The slow development of infrastructure including roads, electricity and water and wastewater treatment systems in industrial parks has been blamed for delays to fill the parks.

The province has nine industrial parks and complexes covering a total area of 600ha, including Hoa Phu Industrial Park , Tan An No 1 and 2 industrial complexes, Ea Dar Industrial Complex and Truong Thanh Industrial Complex.

Tags: Vietnam Industrial Parks