Binh Duong attracts additional 312 million USD in FDI

The southern province of Binh Duong attracted 312 million USD in foreign direct investment (FDI) in the first quarter of this year, according to statistics released by the provincial People’s Committee at a meeting on March 31.
The southern province of Binh Duong attracted 312 million USD in foreign direct investment (FDI) in the first quarter of this year, according to statistics released by the provincial People’s Committee at a meeting on March 31.

Of the sum, 157 million USD were poured into 21 newly-licensed projects and 156 million USD was additional funding injected into 32 operating projects.

Up to date, the province had 1,922 FDI projects with total investment capital of 13 billion USD.

The number of FDI projects in industrial zones stood at 1,042 with over 7.1 billion USD in capital, accounting for 55 percent of the total FDI.

In the first three months, the southern province attracted more than 1.8 trillion VND (roughly 95.1 million USD) in domestic investment, raising the total registered capital to over 60.7 trillion VND (3.1 billion USD) from 9,012 local enterprises./.

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