HCM City adjusts planning schemes for industrial zonesHo Chi Minh City is adjusting its industrial development strategy until 2020, including removing zoning plans for delayed industrial parks and downsizing the scale of industrial complexes in a bid to speed up investment projects and lure more investment. A corner of Saigon Hi-tech ParkEarlier, the southern hub had zoned off 7,000 hectares for industrial parks and 1,900 hectares for industrial complexes. The Ministry of Construction asked the city to clarify the adjustment’s impacts on urban planning and report specific industrial sectors in the Pham Van Hai Industrial Park, thus recommending rational construction planning. The area of the expanded Tay Bac Cu Chi (Northwest Cu Chi) Industrial Park will be cut to 73 hectares from the planned area of 173 hectares. An Ha and automobile mechanics complexes were shifted into industrial parks and 22 complexes were scooped up from planning list to make room for other projects.

Source: VietNamNet News July 13, 2017 02:26 UTC