The central coastal province of Phu Yen has to date received 36 foreign-invested projects with a total investment of nearly 4.5 billion USD.
Of the figure, 20 projects capitalizing at over 4.3 billion USD were located in coastal areas, mostly in the fields of industry, construction, tourism, and fish farming and processing.
Meanwhile, 7 projects were pumped into mountainous areas, engaging in mining, agro-processing and reforestation, totalling over 149 million USD.
Several major projects, including Vung Ro Petroleum Refinery, Bac Au International Tourism Village, New City high-end Resort Complex and Dong Xuan micro-fertilizer manufacturing plant, are expected to create about 5,200 jobs for local people when they become operational.
The province’s current approved investors come from 16 countries and territories, including Brunei, Russia, the Netherlands, India, the US, Sweden, Japan, the Republic of Korea, Germany, Hong Kong and Canada.
According to the provincial Department of Planning and Investment, the foreign direct investment (FDI) enterprises have earned 1.2 trillion VND (61 million USD) in revenues over the past nine months of the year. They are set to gross 130 million UD for the full year, a year-on-year increase of 71 percent, and pay 5 million USD in tax, up 63.5 percent from last year.-VNA
Of the figure, 20 projects capitalizing at over 4.3 billion USD were located in coastal areas, mostly in the fields of industry, construction, tourism, and fish farming and processing.
Meanwhile, 7 projects were pumped into mountainous areas, engaging in mining, agro-processing and reforestation, totalling over 149 million USD.
Several major projects, including Vung Ro Petroleum Refinery, Bac Au International Tourism Village, New City high-end Resort Complex and Dong Xuan micro-fertilizer manufacturing plant, are expected to create about 5,200 jobs for local people when they become operational.
The province’s current approved investors come from 16 countries and territories, including Brunei, Russia, the Netherlands, India, the US, Sweden, Japan, the Republic of Korea, Germany, Hong Kong and Canada.
According to the provincial Department of Planning and Investment, the foreign direct investment (FDI) enterprises have earned 1.2 trillion VND (61 million USD) in revenues over the past nine months of the year. They are set to gross 130 million UD for the full year, a year-on-year increase of 71 percent, and pay 5 million USD in tax, up 63.5 percent from last year.-VNA
