A corner of Thai Nguyen City (Source: Internet)
Thai Nguyen (VNA) – Industrial parks (IPs) in the northern province of Thai Nguyen drew 17 new projects in the first half of this year, including 13 foreign direct investment (FDI) ones, according to the provincial IP Management Board.

The figure brought the number of investment projects in Thai Nguyen to over 150, including 74 FDI projects and 77 domestic ones with total investment capital of 7 billion USD and 11.7 trillion VND (508 million USD), respectively.

From January to June, over 70 foreign business delegations, mainly from the Republic of Korea and Japan, came to study investment opportunities in the province.

According to the board’s statistics, IP-based firms in Thai Nguyen contributed over 3.7 trillion VND (160 million USD) to the State budget in the first six months of the year, an increase of 7.4 times against the same period last year.

The total export value of those enterprises in the period reached 8.62 billion USD, up 7.75 percent. The provincial industrial parks also created over 89,000 jobs, up 25 percent compared to 2015.

To attract more investment, the management board is focusing on completing procedures to build the infrastructure of the Song Cong II Industrial Park and accelerating the implementation of the second phase of Yen Binh Industrial Zone project, said Head of the board Phan Manh Cuong.-VNA