Tuesday, August 22, 2017 - 2:47:01

Quang Binh attracts 1.9 billion USD in investment

VNA Print

A waste treatment plant in Bo Trach district, Quang Binh (Source :dangcongsan)

Quang Binh (VNA) - The central province of Quang Binh attracted 468 investment projects worth a total of over 41.8 trillion VND (1.9 billion USD) in the period from 2011 to 2015.

Of the figure, 283 projects worth 278 million USD were sourced from Foreign Direct Investment (FDI) capital, Official Development Assistance (ODA) and non-governmental aid.

In 2014 and 2015, the province collaborated with the Bank of Investment and Development of Vietnam (BIDV) to successfully organise two conferences on investment promotion. At the two events, local authorities granted licences to 54 projects with registered capital of over 35.9 trillion VND (1.6 billion USD). 
Large-scale projects include a 32-million USD garbage treatment factory funded by German investors and a Vingroup commercial mall worth 800 billion VND (over 35 million USD). 

In the near future, the locality will continue improving its business climate and releasing investment incentives and suitable mechanism to lure more investment.-VNA

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