HCM City’s EPZs, IPs to be upgraded to hi-tech parks

16:44 | 14/09/2020
Ho Chi Minh City’s Department of Planning and Architecture is preparing a plan to turn several industrial parks (IPs) and export processing zones (EPZs) into hi-tech industrial parks.
hcm citys epzs ips to be upgraded to hi tech parks
Illustrative image (Photo: VNA)

HCM City – Ho Chi Minh City’s Department of Planning and Architecture is preparing a plan to turn several industrial parks (IPs) and export processing zones (EPZs) into hi-tech industrial parks.

The hi-tech industrial parks will use modern technology such as automation, robots, design software, and other advanced technologies.

The move is part of the city’s industrial infrastructure development plan for 2020 – 2045 on which the department is working.

As part of land planning, priority will be given to industrial infrastructure, supporting industries, and hi-tech industries.

Existing industrial parks will also be upgraded, and incentives will be offered to encourage investment in the parks.

VNA

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