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Wednesday, June 19, 2024

HCMC seeks to develop new industrial park in Binh Chanh

The Saigon Times

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HCMC – The HCMC government has proposed developing the Pham Van Hai Industrial Park covering 668 hectares of land in Binh Chanh District to replace three industrial park projects—Phuoc Hiep, Bau Dung and Xuan Thoi Thuong—which had been rejected earlier.

The city also asked for the prime minister’s permission for the development of an adjacent residential area covering 100 hectares of land to serve workers of the Pham Van Hai industrial park, Thanh Nien Online newspaper reported.

According to the HCMC government, in 2018, the Government allowed the city to convert 668 hectares of agricultural land managed by HCMC Plants Co., Ltd in Pham Van Hai Commune into industrial land.

The land is heavily alum-contaminated and polluted by surrounding residential areas. Therefore, the conversion of the land use purpose is in line with the city’s land use plan.

The industrial park is expected to become a high-quality and competitive one, serving hi-tech firms and innovative startups and attracting investment effectively.

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