According to a report from the Hanoi Industrial and Export Processing Zones Management Board, the total investment capital attracted to industrial parks (IPs) in the city in 2024 reached 768 million USD. Of which, foreign direct investment (FDI) capital accounted for 380,65 million USD, an increase of 28% compared to 2023.
On-site investment promotion conference
On the afternoon of December 18, the Hanoi Industrial and Export Processing Zones Management Board held an on-site investment promotion conference to enhance support and connection with investors in the industrial park. Speaking at the conference, Mr. Nguyen Hoai Nam, Deputy Head of the Management Board, said that the Board has actively advised and proposed the city to implement many solutions to attract investment in 12.
One of the highlights is the Project to establish the Hanoi High-Tech Biotechnology Park, with the aim of attracting high-tech, biotechnology and environmentally friendly projects. Currently, the Board is also advising on the establishment of 2 new industrial parks, bringing the total number of industrial parks established in the 2021-2025 period to 5.
Promote infrastructure and planning
Over the past year, the Management Board has accelerated the 1/2000 scale zoning plan for key industrial parks such as Soc Son, Bac Thuong Tin, and Phung Hiep. At the same time, the quality of administrative procedure settlement has been significantly improved, with many procedures being simplified and implemented online, bringing convenience to businesses.
High-tech Biotechnology Park Project – Investment Highlight
Representative of Pacific Land Vietnam Co., Ltd., Mr. Ulrich Petersen, shared at the conference about the Hanoi Bio-Tech Park project, one of Ireland's largest projects in Vietnam. The project has a total investment of 250 million USD, located on an area of 199,03 hectares in Bac Tu Liem district.
When completed, it is expected to be a regional-scale high-tech industrial park, integrating research and development (R&D), training, production, and product trading facilities.
Plan for 2025
The Management Board representative said that in 2025, in addition to implementing new industrial park infrastructure projects, the Board will continue to develop investment promotion programs to attract high value-added, high-tech, and environmentally friendly projects.
At the conference, businesses also proposed strengthening administrative reform, digital transformation and timely support to create a favorable investment environment and improve the effectiveness of cooperation between businesses and the government.
