Hai Phong attracts new five FDI projects in Q3
The northern port city of
Hai Phong licensed five foreign direct investment (FDI) projects
worth nearly 1.59 billion USD in the third quarter of this year.
According to the latest report of the Hai Phong Economic Zone
Management Board, of the new FDI projects, the most significant was the
1.5 billion USD one invested by LG Electronics from the Republic of
Korea .
The four other FDI projects included King
Plastic Pte Ltd ( Singapore ), Dongbu Singapore Pte Ltd, IML Technology (
Indonesia ) and Knauf International ( Germany ).
The management board also granted investment certificates to three
domestic projects with a total registered capital of over 290 billion
VND (13.8 million USD).
Besides, the city authority agreed to add 25.1 million USD to investment capital of seven on-going FDI projects.
In the first nine months of this year, the Dinh Vu-Cat Hai Economic
Zone in the city attracted 13 FDI projects valued at 1.776 billion USD
and 11 local-invested ones, worth 1.765 trillion VND (84 million USD).
Additionally, 12 FDI projects increased their investment capital by
47.28 million USD and 598.123 billion VND (28 million USD) came from
four local invested ones during the period.
By the
end of September this year, the city’s economic and industrial parks had
138 valid FDI projects with a total registered capital of 5.368 billion
USD and 70 domestic invested ones worth more than 36 trillion VND (1.7
billion USD).-VNA