Hai Duong industrial parks lure nearly 420 million USD in Q1

Industrial parks (IPs) in Hai Duong province have attracted approximately 419 million USD in total investment in the first three months of 2025, according to Nguyen Trung Kien, Head of the provincial Industrial Parks Authority.

Of the figure, foreign direct investment (FDI) amounted to 125 million USD, and domestic direct investment (DDI) reached 6.92 trillion VND (270.7 million USD).

Currently, there are 18 IP infrastructure investment projects in Hai Duong. These include two FDI projects with a combined registered capital of about 74 million USD and 16 DDI projects worth over 23.6 trillion VND.

In addition, the IPs host 432 secondary investment projects, comprising 334 FDI projects from 23 countries and territories, with total registered investment capital exceeding 6.7 billion USD, and 98 DDI projects with a total capital of nearly 22.8 trillion VND.

Kien attributed these positive results to the province's efforts to enhance administrative reform and provide better legal support for enterprises.

He explained that the time required to issue new investment registration certificates has been reduced from 15 days to eight, while the process for adjusting investment registration certificates has been shortened by two days to eight days.

Additionally, the time for granting new construction permits, as well as permits for repairs and renovations, has been reduced by five days to just 15 days. The procedure for reviewing feasibility study reports or adjustments to these reports now takes 17 days, down from 20.

According to the provincial socio-economic development plan for the 2021-2030 period, with a vision to 2050, Hai Duong plans to establish 32 industrial parks covering a total area of 5,661 ha. To date, the province has set up 18 IPs, spanning a total planned construction area of over 2,973 ha, with an occupancy rate of over 58%.

Compiled by TB