Business

Hai Phong grants investment licenses to five projects

The Hai Phong Economic Zone Authority (HEZA) on January 24 granted investment licenses to five projects in industrial parks, including three foreign-invested projects worth 140 million USD and two domestic ones valued at over 2 trillion VND (86.9 million USD).
Hai Phong grants investment licenses to five projects ảnh 1At the event (Photo: VNA)

Hai Phong (VNA) – The Hai Phong Economic ZoneAuthority (HEZA) on January 24 granted investment licenses to five projects in industrialparks, including three foreign-invested projects worth 140 million USD and twodomestic ones valued at over 2 trillion VND (86.9 million USD).

Deputy General Director of Chilisin Electronics Vietnam Co.LtdLeo Uyn Hoan said while investing in Hai Phong, the company received supportfrom local authorities. Apart from increasing capital, it will also callfor other investors to do business in Hai Phong in the near future.

HEZA Director Le Trung Kien said HEZA will always stand side byside with investors during project implementation, tackle their difficulties tosoon put projects into operation.

He affirmed that attracting foreign investment is one of the basicmeasures to develop local economy based on the pillars of hi-tech industry,seaports-logistics, tourism-trade.

Last year, industrial and economic zones drew 81foreign-invested projects with new and additional capital of 2.96 billion USD,two share purchases worth 2.2 billion USD by foreign investors. The totalforeign investment hit 5.2 billion USD, marking a 3.4-fold rise year-on-year,or 206 percent of the target.

This year, Hai Phong strives to lure 2.5-3 billion USD in FDI.

Meanwhile, they attracted 24 domestic projects with new andadditional capital of over 135.5 trillion VND, up 75 times from the same periodlast year./.

VNA
#Hai Phong Economic Zone Authority #Vietnamplus #Vietnam News Agency #industrial parks #Chilisin Electronics Vietnam Co.Ltd #HEZA #economic zones Hai Phong
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