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Binh Dinh - bright spot in attracting investment

The central province of Binh Dinh has become a bright spot in attracting domestic and foreign investors thanks to a transparent investment policy.
Binh Dinh - bright spot in attracting investment ảnh 1Loading and unloading goods at Quy Nhon Port in the central province of Binh Dinh. (Photo: VNA)

Binh Dinh (VNA) - The central province of Binh Dinhhas become a bright spot in attracting domestic and foreign investors thanks to a transparent investment policy.

The province has implemented many practical solutions that focus on strengthening investment promotion abroad. Accordingly, it has setup working delegations to a number of countries with potential for cooperationand investment. Thus, this year, delegations were dispatched to Thailand, Germany and theRepublic of Korea (RoK) in this regard.

After the trips, investors wanted to learn moreabout the development of Binh Dinh province and its orientations in thecoming time, especially in terms of transport infrastructure, human resources andindustries that Binh Dinh was calling for investment. Some have conducted surveys and carried out procedures to invest in the locality.

Next year, Binh Dinh will mobilise all resources to attract moreinvestments. Specifically, it will lure investment for large-scaleprojects that use a lot of labourers and apply modern production processes in the Nhon HoiEconomic Zone and other industrial zones and clusters which have been planned to promote socio-economic development.

Binh Dinh will focus on attracting small and medium-sizedinvestors with clean and high technology from Japan, the RoK, the United States,Australia, New Zealand, Israel, and European countries to fill in Nhon HoiEconomic Zone, industrial parks and industrial clusters in the province as wellas enhance the development of supporting industries, infrastructure, and auxiliaryservices, creating an attractive premise to attract big investors.

Binh Dinh has lured six new foreign-invested projects with a totalinvestment of nearly 1.1 trillion VND (46.2 million USD) since the beginningof this year.

The province has so far attracted 82 projectswith a total registered capital of 16.3 trillion VND, surpassing the set target for2023 by 36.6%./.

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