The northern province of Hai Duong has granted an investment permit to the Chung Jye Vietnam Co., Ltd, a Taiwanese investor specialising in producing footwear for export.

The 13 million USD shoe factory project will cover nearly 77,757 square metres in Kim Thanh district. Once finished, the mill is expected to produce around 3.6 million products a year and generate jobs for 2,500 local labourers.

According to provincial officials, Hai Duong is sparing no effort in collaborating with ministries and agencies in investment promotion activities to lure funding from multinational and trans-national groups.

Various means of support have been given to underway foreign-invested projects, while the province has solved difficulties facing the developments and built investor trust in the local business climate.

The province has further boosted its administrative reforms by simplifying regulations across a wide range of fields, including investment, construction, land use, import-export, labour management and environmental issues.

It has worked closely with relevant agencies and other stakeholders to ensure security and safety for foreign investors in the locality.

Since the beginning of this year, Hai Duong has lured newly registered and additional investment of 319.4 million USD from 15 FDI projects, up 116 percent year-on-year in value.

The province now has 264 FDI projects invested by 23 countries and territories with a total capital of more than 6.1 billion USD, of which 2.7 billion USD has been disbursed.-VNA