Ba Ria-Vung Tau industrial park attracts investors

With the advantage of having a deep-water seaport, convenient international trade in goods, easy road traffic connecting to the international airport and the southern key economic zone, along with the synchronous development of infrastructure, Ba Ria - Vung Tau is an attractive destination for both domestic and foreign investors.

Despite the negative impact of the Covid-19 epidemic in 2021, right from the beginning of this year, investors of industrial parks in Ba Ria - Vung Tau have accelerated investment in infrastructure.

By the end of this year, the total value of infrastructure investment in the province is estimated at more than 19.3 trillion VND.

In the 2021-2025 period, Ba Ria - Vung Tau has been focusing on selective investment, prioritizing projects with modern technology, high added value, less labor intensive and non-damage to the environment, such as seaports, logistics, tourism, and supporting industry.

So far this year, the province’s industrial parks have attracted 43 investment projects, including 15 foreign direct investment (FDI) projects with total registered capital of nearly 270 million USD.

Leveraging on the local potentials and strengths, the advantages of the southeastern region and the southern key economic region, as well as the selective and synchronous investment, Ba Ria - Vung Tau are turning the local industrial parks into attractive destinations for domestic and international investors./.

VNA