Vinh Phuc IPs attracts over US$445 million in FDI in eight-month period
VOV.VN - Industrial parks (IP) based in the northern province of Vinh Phuc attracted US$445 million in foreign direct investment (FDI) during the initial eight months of the year, thereby fulfilling 171% of the annual plan, according to the Industrial Park Management Board of Vinh Phuc province.
Throughout the reviewed period, Vinh Phuc province lured a total of 17 new FDI projects with 28 capital-added projects, reaching 189% of the plan for the year.
August alone witnessed the locality’s Industrial Parks Management Board grant investment registration certificates for five new projects, including four FDI projects with registered investment capital of more than US$14 million and one domestic-invested project capitalized at over VND243 billion.
At present, the number of valid investment projects in the province’s IPs has reached 467, including 106 domestic-invested projects capitalized at over VND32 trillion and 361 FDI projects valued at nearly US$6.3 billion
In order to attract large corporations and strategic investors to the locality, Vinh Phuc is set to continue to focus on improving the investment environment, enhancing transparency and stability, upgrading infrastructure facilities, as well as removing hurdles in order to facilitate businesses’ activities.
