Hanoi's industrial clusters to see more foreign investmentAdministrative reforms, improving the business environment, building policies for industrial zones, and industrial clusters development are the key solutions Hanoi will use to welcome investment. In order to lure in domestic and foreign firms, Hanoi has been developing 19 industrial zones (IZs) and high-tech parks covering an area of 5,250 hectares, as well as 107 industrial clusters located on an area of 3,000ha, according to Hanoi Industrial and Export Processing Zone Management Board. Accordingly, by 2020, there will be 138 industrial clusters with an area of more than 2,623ha in the city. The 22 operating industrial clusters in the green belt area (429ha) will be maintained but their development will be limited. In the 2021-2030 period, five existing industrial clusters will be expanded to a total area of 45.4ha, and 21 new ones, covering 536ha, will be established.