Hai Duong lures more than US$200mln in FDI
The northern province of Hai Duong has attracted US$202 million in foreign direct investment since the beginning of this year, as heard a local meeting on October 3 between the provincial Commission for Popularisation and Education and Hai Duong newspaper.
Head of the business registration office from the provincial Department of Planning and Investment Le Xuan Hien said the province licensed 15 new projects worth US$76 million and allowed investment increases for 31 projects.
So far, the province has lured US$6.9 billion in 321 foreign-invested projects. Besides, VND3 trillion (US$136.3 million) was poured in 43 new projects and 17 existing ones by domestic investors in the period.
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In the first nine months of this year, 900 new businesses were established, up 25% year-on-year.
Nguyen Hong Son, head of the provincial Commission for Popularisation and Education Hai Duong aims to become one of the 20 most competitive localities by 2020.
To that end, the province has committed to cutting business registration to two working days and 50%-60% of administrative procedures under the authority of the provincial People’s Committee. All delayed cases will receive documents of explanation or apology.
By 2020, Hai Duong strives to increase the number of businesses 1.5-fold and boost dialogues between authorities and enterprises, making it easier for businesses to give feedback on local policies.
