Speaking at the Signing Ceremony of the Project Document “Replicating the Eco-Industrial Park Approach to Promote Circular Economy in Vietnam” on November 15, Deputy Minister of Planning and Investment Do Thanh Trung announced that the Ministry of Planning and Investment (MPI) received a budget of 3,346,009 USD sponsored by the Swiss State Secretariat for Economic Affairs (SECO) to promote the implementation of the circular economy and minimize the impact of climate change (CC) in industrial parks (IPs) in Vietnam.
This funding will facilitate the replication of the eco-industrial park (EIP) model nationwide based on successes in the 2014-2024 period, promote circular economy in the industrial sector and in IIPs, minimize the impact of production activities on the environment, and support IIPs in responding to climate change.
The signing ceremony marks an important step forward for Vietnam in promoting and replicating approaches to EIPs, contributing to enhancing the position and sustainable development of this model nationwide.
The project aims to promote the implementation of circular economy in enterprises in industrial zones, reduce the environmental impact of industrial production and help industrial zones adapt to climate change. The project will continue to expand the implementation of eco-industrial zones, focusing on improving the efficiency of resource use, minimizing waste, promoting recycling, improving the economic, environmental and social efficiency of enterprises, thereby contributing to sustainable and comprehensive industrial development.
Mr. Thomas Gass - Ambassador of Switzerland to Vietnam said: "By supporting the transformation of industrial zones into EIPs as part of the Economic Development Cooperation Program in Vietnam, we aim to address both the opportunities and challenges facing Vietnam's industrial growth.
Switzerland’s vision is to support Vietnam’s journey towards high-income status and its commitment to achieving net-zero emissions. Through this partnership, we hope to make a meaningful contribution to modernizing Vietnamese industry, creating jobs, attracting investment and protecting the environment for future generations.
According to Ms. Le Thi Thanh Thao - UNIDO Country Representative in Vietnam, Vietnam is one of the leading countries in Asia in terms of industrial competitiveness and is increasingly affirming its strong position in the global value chain.
"A country with a sustainable industrial development cannot be separated from the protection of environmental and social rights. Eco-industrial parks not only help minimize negative impacts on the environment but also optimize the efficiency of resource use, save production costs, and enhance competitiveness.
UNIDO will continue to support Vietnam 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," Ms. Le Thi Thanh Thao affirmed.
