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Binh Dinh economic zones expect bumper 2017 investment

The south central coastal province of Binh Dinh aims to attract 6.5 trillion VND (305.5 million USD) to its economic zones in 2017, up 8.6 percent from last year, said Ngo Van Tong, deputy head of the Binh Dinh Economic Zone Administration.
Binh Dinh economic zones expect bumper 2017 investment ảnh 1Binh Dinh economic zones expect bumper 2017 investment
Binh Dinh (VNA)– The south central coastal province of Binh Dinh aims to attract 6.5 trillionVND (305.5 million USD) to its economic zones in 2017, up 8.6 percent from lastyear, said Ngo Van Tong, deputy head of the Binh Dinh Economic ZoneAdministration.

The zones target anindustrial production of 17.23 trillion VND (78.3 million USD), export revenueof 268 million USD and budget payment of 500 billion VND, said Tong, addingthat firms in the zones hope to create 18,000 jobs.

To hit these goals, theprovince will adjust the planning of the Nhon Hoi Economic Zone, whileconsidering the approval of Long My industrial park’s second phase and speedingup ground clearance.

The locality will alsosupport investors in carrying out administrative procedures, while supervisingthe implementation of licenced projects, said Tong.

In 2016, Binh Dinh lured 12investment projects to Nhon Hoi Economic Zone with total capital of 4.08trillion VND, raising the number of projects to 52 with combined investment of nearly36 trillion VND, 7.76 trillion VND of which has been disbursed.

Local industrial parks alsoattracted 20 projects worth 1.9 trillion VND, making the total projects hostedby them 225 with total investment of 10.58 trillion VND.

Total revenue of theprovince’s economic zones and industrial parks hit 21 trillion VND, a rise of15.38 percent year on year. Firms paid 500 billion VND to the State budget andemployed 17,000 labourers who earn 3.6-3.8 million VND per month.-VNA
VNA
#Binh Dinh #Binh Dinh Economic Zone Administration #industrial parks #investment Binh Dinh
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