The central province of Thua Thien Hue has granted investment licences to eight foreign direct investment (FDI) projects worth over 50 million USD since the beginning of this year.
The newly registered projects include a 25 million USD shrimp breeding facility and a 5 million USD project to build infrastructure for Tu Ha industrial park.
Authorities plan to pour over 22 billion VND (1.03 million USD) to build infrastructure at local industrial parks and support construction firms in ground clearance, mine removal, and building waste treatment plants.
As of September, local FDI businesses grossed 495 million USD in revenue, contributing 1.3 trillion VND (around 68 million USD) to the State budget, up 7.5 percent over the previous year.
Thua Thien-Hue is now home to 79 FDI projects with a total registered capital of 2.2 billion USD.-VNA
The newly registered projects include a 25 million USD shrimp breeding facility and a 5 million USD project to build infrastructure for Tu Ha industrial park.
Authorities plan to pour over 22 billion VND (1.03 million USD) to build infrastructure at local industrial parks and support construction firms in ground clearance, mine removal, and building waste treatment plants.
As of September, local FDI businesses grossed 495 million USD in revenue, contributing 1.3 trillion VND (around 68 million USD) to the State budget, up 7.5 percent over the previous year.
Thua Thien-Hue is now home to 79 FDI projects with a total registered capital of 2.2 billion USD.-VNA
