Infrastructure attracts investment to north Việt Nam
The newly established five modal (rail/road/air/river/sea) infrastructure network has brought a great deal of investment to the Red River Delta, especially Hải Phòng, delegates told a seminar held in HCM City on Wednesday. Hans Kerstens, international business development manager at Deep C Industrial Zones, said in the last five years the north has become the most popular investment destination for foreign companies. Almost US$60 billion has been invested there since 2011, outperforming the south by nearly $9 billion, he said. Availability of prime industrial land adjacent to the new infrastructure developments in combination with reliable power, water, wastewater treatment and, unconditionally, the best tax package available in Việt Nam are some of the reasons why many more investors have decided to come here, he said.
