More investment projects licensed in Binh Duong
(VOV) - The southern province Binh Duong on August 27 licenced 23 foreign direct investment (FDI) projects and two domestic ones, with total capital of nearly US$220 million.
Among them, 12 are invested by Japanese businesses.
Several big projects include a new paper packaging plant of Japan’s Tomuku company valued at US$47.6 million and Amway Vietnam’s US$21.1 million investment for a functional food factory.
By August 15, the province attracted a total of 2,174 FDI projects with aggregate capital of over US$18 billion. Many large corporations are interested in Binh Duong and want to invest in real estate and services rather than industrial manufacturing.
Binh Duong provincial People’s Committee Chairman Le Thanh Cung said the province plans to call for investment in hi-tech and support industries serving garment and textile, footwear and woodwork, as well as in services such as education, health care, finance and banking.
He said the province is streamlining administrative procedures and quickly deal with arising difficulties to facilitate business operations.