The southern province of Tien Giang is now home to 36 foreign direct investment (FDI) projects with a total registered capital of nearly three billion USD.

They include two projects licensed in 2013 with a total capital of 76.3 million USD. The amount of FDI capital disbursed during the year stood at 17 million USD, equal to 74 percent of the disbursement in 2012.

Meanwhile, the province licensed 40 investment projects by domestic businesses with a registered capital of over 4.2 trillion VND (197 million USD).

Kien Giang emerged as an economic spotlight on the Mekong Delta region in 2013.

The province’s economic growth rate struck 9.4 percent by the end of 2013, ranked fourth among the 13 provinces of the Mekong Delta region.

Rice production and shrimp farming were the main driving forces behind the development of the province’s socio–economy.

The 2013 rice output reached nearly 4.5 million tonnes, up 4.3 percent from 2012.-VNA