HCM City targets growth in mechanical engineering

HCM City (VNA) – The Ho Chi Minh City People’s Committee has approved a plan to develop the mechanical engineering industry by 2020.

Under the plan, products with high added value and environmentally efficient will be favoured.

Key products will include autos, waterway transport vehicles, machinery and tools, and electric equipment.

All small mechanical establishments will be moved out of the city’s urban areas and modern ones will be moved to local industrial parks.

(Vietnam News, 2008/05/05)