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Binh Dinh sees rise in domestic, foreign investment flow

The south central province of Binh Dinh saw a surge in both domestic and foreign investment in the first five months of 2017.
Binh Dinh sees rise in domestic, foreign investment flow ảnh 1Illustrative photo (Photo: VNA)

BinhDinh (VNA) – The south central province of Binh Dinh saw a surge inboth domestic and foreign investment in the first five months of 2017, saidNguyen Thuc Dinh, Director of the provincial Department of Planning andInvestment.

Theprovince welcomed 47 domestic projects with total registered capital of 12.24trillion VND (538.8 million USD), up 12 projects against the same period of2016.

Projectswith large registered capital included a residence-trade-service complex valuedat 1.39 trillion VND (61.2 million USD) and Cam Van new residence area (in NhonHung ward, An Nhon town) worth 421 billion VND (18.5 million USD).
BinhDinh province also lured six foreign direct investment (FDI) projects valued at92 million USD, up 3 projects compared to the same period last year.

Amongthem are Binh Dinh pig breeding farm project with registered capital of 21.2million USD and a 64 million-USD wind and solar power project.

Chairmanof the provincial People’s Committee Ho Quoc Dung said in 2017, Binh Dinh willcontinue increasing investment promotion activities to attract more domesticand foreign investment to Nhon Hoi economic zone and other local industrialparks.

Theprovince will carry out activities to study and assess its potential forattracting foreign and domestic partners while building database and documentsfor investment promotion.

BinhDinh will also focus on popularising its investment environment andopportunities and supporting local investors and businesses in participating inconferences in Vietnam and other countries.-VNA

VNA
#surge #domestic investment #FDI #Cam Van new residence area #wind and solar power project #Nhon Hoi economic zone #industrial parks #Vietnam news #VietnamPlus #Vietnam News Agency #Binh Dinh Binh Dinh
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