Tien Giang attracts US$9 million of investment in early 2018

The Mekong Delta province of Tien Giang has received positive investment signs since the start of this year, said Deputy Director of the provincial Planning and Investment Department Nguyen Dinh Thong.

In early 2018, the province lured two new foreign direct investment (FDI) projects worth US$9 million, comprising a garment-textile company and a steel pipe producing company.

tien giang attracts us$9 million of investment in early 2018 hinh 0

Tien Giang will continue stepping up administrative reform and support businesses in investment law and climate, the official added.

The province is now home to 93 investment projects, including 66 FDI ones with total capital of more than VND42.9 trillion (US$1.89 billion). Those projects generate jobs for some 83,000 workers while occupancy rate at the provincial industrial parks has hit 64.29 percent. 

The industrial production value of firms operating in the province’s industrial parks since the beginning of this year exceeded VND5.2 trillion (US$230.83 million), up 21.77% year-on-year.

Export turnover of those firms exceeded US$180 million in the period, or an increase of 22.37% against the same time last year.


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