Related Keywords: garment factory, HCM City, IZ, tax incentives, unfavorable traffic conditions, Vietnam
Some IZs in HCM City located far from arterial traffic routes finding it hard to call for investments. According to latest report by Cushman & Wakefield, a real estate service provider, there are 18 operational IZs in HCM City, covering a total area of 3,625 hectares, 62 percent of which, or 2,260 hectares, is leasable.
According to an Asian investor instead of setting up a factory in Binh Thuan province decided to go to an IZ in Binh Phuoc province which gave very competitive offers.
