Quang Ninh lures additional US$47 million of investment

The northern province of Quang Ninh drew in more than US$47 million in foreign direct investment (FDI) in the first six months of 2017.

The sum came from two new and six existing projects, raising the number of valid FDI projects in the province to 58, with a total registered capital worth over US$2.3 billion.


Notably, Texhong Vietnam invested more than US$20 million in supporting infrastructure and water supply for the Texhong Hai Ha industrial zone of the province.

In the coming time, Quang Ninh’s authorities will submit its investment policies for the prime minister’s approval. 

Meanwhile, the province will provide support for foreign investors to complete investment procedures of major projects such as infrastructure development in Song Khoai industrial zone and Hon Giai ecological, resort tourism project in Van Don district.

Besides, the province has worked with Texhong Vietnam to devise a feasibility study of the Hai Ha thermal power plant at the Hai Ha industrial zone. The plant with a capacity of 2,100 MW is expected to cost over US$3 billion.

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