Enterprises in Ips reach US$14.2 billion in export turnover

According to provincial Industrial Parks (Ips) Management Board, up to now, all enterprises in the local IPs have worked stably.

The province’s manufacturing industries such as garment-textile, footwear, woodwork, electronics…have been proactive to transform models, change strategies and respond flexibly; boldly made digital transformation, ensuring supply of raw materials. In the first 6 months of the year, enterprises in the local Ips disbursed US$1.3 billion. Their revenue was US$ 21,3 billion while export value was US$ 14.2 billion (accounting for 74% of the province’s total export value).

So far, secondary investors have invested in building infrastructure facilities and factories with total investment capital of more than VND 2.13 trillion (equivalent to 63.8% over the same period). The local IPs have leased land and factories with total area of 196 hectares, attracting more than US$1.77 billion in FDI capital (accounting for 69% of the province’s total FDI capital). Currently, the province is implementing adjustment projects for 2 industrial parks Bau Bang and Cay Truong.

Reported by Ngoc Thanh-Translated by Kim Tin