Ha Nam attracts 210 investment projects so far

Industrial parks (IP) in the northern province of Ha Nam have so far this year attracted 116 foreign-invested projects totalling over US$1.19 billion and 94 domestic-funded ones worth VND9.5 trillion (US$445 million). 

According to the provincial IP Management Board, local IPs are currently employing 40,000 labourers, mostly locals whose wage is up to VND4 million (US$190) per month. 

The IPs have made increasing contribution to the province’s industrial production. Last year, the parks produced VND13.14 trillion (US$625 million) worth of industrial products, accounting for over 75% of the province’s total industrial value, a sharp rise from VND6.48 trillion (US$308 million), or 64.5% of the provincial total output, in 2011. 

Last year, enterprises in the IP contributed over VND1.02 trillion (US$48.57 million), or 30% of the province’s budget revenues. 

Tran Xuan Duong, head of the board attributed the high investment attraction result to the province’s strict implementation of commitments to investors. Besides, Ha Nam has also focused on renovating investment promotion methods with direct meetings with businesses keen on investing in the locality, he added.
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