Quang Ninh’s FDI attraction surpasses 2-billion-USD mark for first time

A corner of Quang Ninh (Photo: baodautu.vn)

Quang Ninh (VNA) – The northern coastal province of Quang Ninh has attracted 2.18 billion USD in foreign investment so far this year, the first time the capital poured into the locality surpasses the 2-billion-USD mark.

The Quang Ninh LNG Power Plant project worth 1.998 billion USD is the biggest contributor, receiving its investment license in July.

Csaba Bundik, Vice Chairman of the Central and Eastern European Chamber of Commerce in Vietnam, said that Quang Ninh is renowned among European investors thanks to its advantages related to logistics and geographical location.

The achievement does not come naturally, but as a result of a long-term strategy and vision, and practical experiences in the development of industrial parks and logistics, he stressed.

Nguyen Manh Cuong, Director of the provincial Department of Planning and Investment, said that the province will reform its investment promotion and attraction methods, increase the efficiency of working groups in helping address difficulties, and speed up the progress of key projects./.

VNA