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An additional 3.4 million USD for developing eco-industrial parks in Viet Nam

14:17 18/11/2024

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The Ministry of Planning and Investment of Viet Nam, the Embassy of Switzerland in Viet Nam, and the United Nations Industrial Development Organization (UNIDO) have just signed a cooperation agreement to implement the Project "Replicating the eco-industrial park approach to promote circular economy in Viet Nam."

Accordingly, the Swiss State Secretariat for Economic Affairs (SECO) will provide a budget of nearly 3.4 million USD to Viet Nam to promote a circular economy and mitigate the impact of climate change in Vietnam's industrial zones in 2024-2028...

This funding will facilitate the replication of the eco-industrial park model nationwide based on the successes in the period of 2014-2024, focusing on improving resource efficiency, minimizing waste, promoting recycling, and improving the economic, environmental, and social efficiency of enterprises, thereby contributing to sustainable and comprehensive industrial development.

 

According to the Ministry of Planning and Investment, with the support of SECO, Viet Nam has converted four industrial parks into eco-industrial parks (2015-2019 period), and three industrial parks are being converted from 2020 to 2024.

To date, some notable results achieved during this period include integrating regulations on eco-industrial parks into relevant legal documents on industrial parks, economic zones and environmental protection, sustainable development; supporting the implementation of eco-industrial park solutions at enterprises in industrial parks; saving electricity, water, materials, reducing CO2 emissions, optimizing waste reuse, implementing circular economy; developing technical guidelines on eco-industrial parks; raising awareness, conducting training, education, and capacity building on eco-industrial parks.

Mr. Thomas Gass, Ambassador of Switzerland to Viet Nam, emphasized that Switzerland has been and will support Viet Nam's journey towards high-income status and its commitment to achieving net-zero emissions. Ms. Le Thi Thanh Thao, UNIDO Country Representative in Viet Nam, also affirmed that UNIDO will continue to support Viet Nam in transforming traditional industrial park models into eco-industrial park models, building the foundation for a smart, sustainable industry that creates added value, ensuring long-term benefits for the community and future generations...

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