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Multi-storey workshop buildings to go up in HCM City

Developers of infrastructure for industrial parks (IP) and export processing zones (EPZ) in HCMC are piloting schemes to construct multi-storey workshop buildings for small and medium manufacturers, according to The Saigon Times Daily.

Developers of infrastructure forindustrial parks (IP) and export processing zones (EPZ) in HCMC arepiloting schemes to construct multi-storey workshop buildings for smalland medium manufacturers, according to The Saigon Times Daily.

TranViet Ha, head of the investment department at the HCMC ExportProcessing Zone and Industrial Park Authority (Hepza), said constructionof the multi-storey workshop facilities will help enterprises,especially those in supporting industries, have small space forproduction.

In the initial stage, the multi-storey workshopbuildings will be up and running at the Dong Nam and Hiep Phuoc IPs andthe Linh Trung and Tan Thuan EPZs.

These structures will have three to eight stories and total floor space of 10,000-40,000 square meters each.

Themulti-storey workshop model is popular in the Republic of Korea, Japanand Taiwan (China) but new in Vietnam. This model will be deployed inthe city to make full use of limited land for production activity at IPsand EPZs.

Multi-storey workshop buildings are appropriate forproducers of items which are not heavy and particularly makers ofhi-tech and supporting industry products, Ha was quoted by the newspaperas saying, adding that tenants should have efficient waste and emissiontreatment solutions, though.

Ha said the city will continueencouraging enterprises to invest in ready-to-use workshops for suchtenants and this model has helped the city attract investors, especiallyforeign-invested enterprises in the past year.

In 2014, 19foreign-invested firms were licensed to lease production workshops atthe Cat Lai and Tan Thuan IPs, which are near the centre of the city,seaports and roads including Nguyen Van Linh and the 20km-long sectionof HCM City-Long Thanh-Dau Giay Expressway.

Last year, the IPsand EPZs in the city attracted investment pledges of over 752 millionUSD, 36.8 percent higher than targeted and up 23.52 percent against theprevious year. Of which, foreign investments accounted for 347.5 millionUSD, a slight decline of 4.39 percent over 2013, but domesticinvestments grew 64.8 percent to 405 million USD.

💞 The target for IPs and EPZs this year is 700 million USD probably due to global economic uncertainties.-VNA

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