Hai Duong lures US$185 million in FDI in first two months
The northern province of Hai Duong attracted more than US$185 million in foreign direct investment (FDI) in the first two months of this year, up 39.8% year on year.
According to the provincial Department of Planning and Investment, the locality licensed eight new projects with a total registered capital of US$32.1 million, including five projects worth US$24 million located outside industrial parks.
During the period, nine projects increased their investment capital by US$153.45 million, including two projects outside industrial parks with US$23 million added.
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In order to attract more foreign investors, Hai Duong will focus on improving its investment environment and pushing administrative reform, while maintaining dialogues with businesses.
Nguyen Manh Hien, Secretary of the provincial Party Committee, said in 2018, the province will continue to invest in infrastructure development to lure more investments in industrial areas and clusters, priotising the production of high-tech and competitive products, and support industry.
Hai Duong has 370 FDI projects valued at more than US$7.4 billion, directly generating jobs for over 170,000 labourers.
