Nearly 130 mln USD invested in Thua Thien-Hue IZs

The central province of Thua Thien-Hue attracted a total of more than 2.8 trillion VND (128.4 million USD) in its industrial zones in the first half of 2015, equal to 112 percent of the yearly target.
The central province of Thua Thien-Hue attracted a total of more than 2.8 trillion VND (128.4 million USD) in its industrial zones in the first half of 2015, equal to 112 percent of the yearly target.

So far, local industrial zones have had 97 investment projects, of which 23 are FDI ones, totaling over 22 trillion VND (1.01 billion USD).

To achieve these results, the locality has carried out a lot of activities to attract investments.

In late May, the management board of industrial zones held an investment promotion conference in the southern region, which drew representatives from 25 investors, businesses and associations in Ho Chi Minh City, and Dong Nai, Binh Duong, and Ba Ria-Vung Tau provinces.

Thanks to the event, additional eight investors signed memoranda of understanding on cooperation.

Businesses in the province have enjoyed effective operation, especially those operating in tourism, food processing, cement, and garment and textiles.

The invested projects have helped increase production capacity, speed up technological renovation, improve the management capacity, and reduce imported products.

According to the industrial zone management board, during January-June, the total revenue of businesses in industrial zones reached more than 7.37 trillion VND (339 million USD), up 31.4 percent year-on-year. Their export turnover was 238 million USD, a 30-percent rise, and State budget collection was 845 billion VND (38.87 million USD), up 41 percent.

The industrial zones also generated jobs for over 17,800 labourers, up 8.9 percent against the same period last year.-VNA

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