Feasible Scenario for Expired Industrial Parks of Ho Chi Minh City

VietNam has oriented to carry out industrialization for the sake of socio-economic development since last 3 decades. Ho Chi Minh city started the strategy for industry development from 1990. The authorities implemented land use master plan to clarify industrial belt surrounding city’s periphery; approved investment projects and issued permission for construction industrial parks. All were ready to relocate workshops, plants out of inner city. Tax exemption policy in the commence years of operation production work in good condition with adequate infrastructure facilities and separation from residential area have helped attracting manufacturers to industrial zones, thereby the city has fulfilled the goal of increasing income from manufacture in GDP and other social goals as well. At the time of policy making to promote industrialization, the type of industrial park was defined with an operating term of 50 years. After 30 years implementing industrialization, HCMC government is considering feasible scenario for industrial parks after the 50-year term expired and where will the manufacturing activities be arranged to ensure their contribution to the GRDP.