Binh Duong lures additional USD1.3 billion FDI capital
Friday, 24/03/2017 14:51 (GMT+7)
On March 22nd, the Binh Duong provincial People’s Committee presented investment certifcates (phase 1) to 21 projects with a total pledged capital of more than USD1.3 billion.
The investment certificate ceremony. (Photo: baohaiquan.vn)
These include 10 new projects with nearly USD741 million, 8 ongoing projects with an increased capital of USD536 million, and three domestically invested projects with VND740 billion.
The notable projects are Kolon tire fibre factory (USD220 million), Tata’s instant coffee plant (USD63 million) and Vietnam – Singapore Industry Park 3 (USD285 million).
Mr. Tran Thanh Liem, Chairman of the Binh Duong provincial People’s Committee, said that as of mid-March 2017, the locality had lured USD1.344 billion of FDI capital in 43 newly-licensed projects with USD793 million and 18 ongoing projects with an increased capital of USD551 million.
So far, Binh Duong has attracted a total FDI capital of more than USD27 billion with 2,892 projects, putting it in 2nd place after Ho Chi Minh city for FDI investment./.
BTA
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