EZs and IZs receive US$8.3 billion in FDI over 10-month period

The data indicates that the total number of FDI projects nationwide rose to 10,055, with total registered capital reaching approximately US$198 billion with 70% of investment capital being implemented.

In terms of domestic investment projects, IZs and EZs across the country saw 555 projects with total newly and additionally registered capital reach a sum of VND125.4 trillion, raising the overall number of domestic investment projects to 9,845, with realised investment capital reaching roughly 46%.

As of late October, as many as 369 IZs had been established nationwide, including IZs located in coastal and border EZs, with the total natural land area reaching 113.3 thousand hectares and the industrial land available for lease at some 73.6 thousand hectares, making up 65% of the natural land area.

IZs in 61 provinces and cities across the nation are largely concentrated in key economic regions as a means of taking bring advantage of the geographic location and the economic development potential of each location.

For EZs based in coastal areas, the development plan for coastal EZs towards 2030 as approved by Prime Minister Nguyen Xuan Phuc includes 19 sites with a total area of 871.5 thousand hectares, including areas of the sea, while the land area is 582.3 thousand hectares, making up 1.75% of the country's land area.