11 industrial parks were established and are operating on a total area of 1,470 ha in Hai Duong province.
Hai Duong has 23 industrial parks approved by the Prime Minister
With the first industrial park (IP) established in 2003, to date, Hai Duong province’s plan for IP development by 2020, including 18 IPs with a total planning area of 3,517 ha, has been approved by the Prime Minister. In which, 11 IPs were established and are operating on a total area of 1,470 ha.
Hai Duong province orients the planning and development of IPs in the 2021 – 2030 period with a vision to 2050, using a total area of about 10,000 ha throughout localities in the province, taking full advantage of traffic and labor.
The province is focusing on economic restructuring and innovation of industrial models towards green growth and sustainable efficiency with four main development areas, namely information and electronic technology industries; processing, manufacturing and supporting industries; industry 4.0 and green industry.
Hai Duong is striving to become a modern-oriented industrial province in 2025 and a modern industrial province in 2030.
11 IPs in the province have lured 306 projects, including 235 FDI projects with a total registered investment of 4.7 billion USD and 71 DDI ones with a total capital of about 770 million USD.
Japanese FDI enterprises are the province's largest partners, accounting for 29 percent of the total FDI as of November 2021, followed by investors from China’s Taiwan and Hong Kong and South Korea, making up 28 and 22 percent of the total registered capital, respectively.
Most of the projects in the IPs have large investment, with an average amount of nearly 18 million USD/project. 233 projects have so far been put into production, generating great industrial production value, which is one of the main factors contributing to the province’s economic restructuring towards industrialization – modernization.
Among the foreign investment projects in the IPs, the electrical and electronic sector attracts the most attention, accounting for 38 percent of the total investment, followed by mechanics – manufacturing and garment – textile – footwear, making up 22 and 20 percent of the total foreign investment, respectively.
In the IPs, there are more and more projects of large corporations such as Brother, Huyndai, Kefico and Hitachi with new and modern technological lines manufacturing products with high technical and technological content.
IPs deployed in 2021
To attain the goal of industrial development, prepare clean premises for IPs to welcome investment flows when multinational companies around the world restructure and relocate global production and supply chains and, at the same time, create opportunities for existing investors and businesses in IPs to research and expand investment scales in the province, Hai Duong selected capable, reputable and experienced investors to build modern and synchronous IP infrastructure, ensuring infrastructure quality to attract investment.