HCM City to strive for annual industrial
growth of 13%
HCM City will try to achieve an annual industrial growth rate of
13% from now to 2010, according to a decision of the HCM City People�s Committee
approving the city�s industrial restructuring program in the 2006-2010 period.
Under this program, the city will give priority to developing
mechanical engineering, electronics and information technology, chemicals and
food processing industries. It will also support industries that bring in high
export revenues such as textile, garment, footwear, furniture and handicraft.
The city will implement solutions on zoning, investment and
management assistance to achieve these targets.
(Source: The HCM City People's Committee)