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blue-check New regulations on establishment of industrial parks and economic zones

Decree No. 35/2022/ND-CP dated May 28th, 2022 of the Government on management of industrial parks and economic zones
Posted: 1/6/2022 9:40:42 AM | Latest updated: 24/8/2022 11:08:36 AM (GMT+7) | LuatVietnam: 5464 | Vietlaw: 569
VietlawOnline

This Decree provides for new regulations on conditions, procedures for investment in establishment of industrial parks, export processing zones and economic zones, applicable from July 15th, 2022.

Accordingly, one of the noticeable new regulations of this Decree is that it is not allowed developing new industrial parks in urban areas of special-category cities, centrally-affiliated category-I cities or provincially-affiliated cities, except for industrial parks developed into hi-tech industrial parks or eco-industrial parks.

Each industrial park must reserve the space accounting for 2% of total area of land of all industrial parks on the list of industrial parks located in a province or centrally-affiliated city for development of accommodation, public service and utility facilities for its workers and employees;

With regard to economic zones, in the event of establishment of a coastal economic zone, the location of establishment must be connected to international airports or class-I or higher-class seaports; in the event of establishment of a border gate economic zone, the location of establishment must have international border gates. In addition, each coastal economic zone or border gate economic zone must be located on the land covering an area of at least 10,000 ha.

This Decree takes effect from July 15th, 2022 and replaces Decree No. 82/2018/ND-CPstatus1 dated May 22nd, 2018.

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Effective Date 15-Jul-2022
ExpiredDate Unknown
Published Vietlaw's Newsletter No. 569

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