To attract more investors and compete with other provinces, HCM City is focusing on building smart industrial parks. (Photo: nhandan.com.vn)
HCM City (VNS/VNA) - HCM City is focusing on developing smartindustrial parks to attract hi-tech businesses and innovative start-ups.
Tran Thien Long, deputy chairman and general secretary of the HCM City ExportProcessing Zone and Industrial Park Authority Business Association, saidbuilding smart industrial parks and processing zones is a global trend, and thecity is focusing on it.
Information technology can change production systems when everything isautomated, and help the management easily oversee their systems.
In future HCM City will have to compete with other provinces, and so industrialparks need to improve their investment efficiency.
Quang Trung Software City used to be a business that focused on renting land,but it has been using smart technologies to transform itself into a science andtechnology business that aims to becoming a green and smart urban area, itsdirector, Lam Nguyen Hai Long, said.
HCM City has instructed the Department of Planning and Construction to appraiseall industrial parks and processing zones to come up with measures to attractinvestors.
The department will also help the city build hi-tech industrial parks that meetthe demands of tech businesses and innovative start-ups.
According to the Export Processing Zone and Industrial Park Authority, aproposal to build a 390-hectare hi-tech industrial park in Binh Chanh districtis being appraised for investment.
There are a number of industrial parks in HCM City but with little linkagesbetween them, it is hard to form sustainable supply chains./.
Enterprises in export processing zones (EPZs) and industrial parks (IPs) should use high technologies to better manage manufacturing processes and improve product quality.
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To attract more investors and compete with other provinces, HCM City is focusing on building smart industrial parks. (Photo: nhandan.com.vn) 
