HCM City to increase investment


Out and about: Customers at a cafe along the Saigon River in District 2 in Ho Chi Minh City. — Bloomberg

HO CHI MINH CITY: The Ho Chi Minh City (HCM) City Industrial and Export Processing Zones Management Board (HEPZA) has set a target to increase the average investment per hectare of industrial land to US$15mil (RM71mil) by 2025 from a current US$6.32mil (RM30mil).

Speaking at a meeting on Thursday, Hua Quoc Hung, head of HEPZA, said that to achieve the goal, HEPZA would continue to promote investment incentives, enhance support for businesses to stabilise operations, and step up administrative reform.

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