The People’s Committee of southern Binh Duong province on September 16granted investment certificates for 37 domestic and foreign projectswith a combined capital of 380 million USD.
Almost projects focuson industrial production, food processing and electronic mechanics,which are in line with the province’s investment attraction policies.
BinhDuong ranks third among other localities across the country inattracting investment from foreign countries. As many as 1.4 billionUSD of foreign investment has been poured into the province so far thisyear, up 26 percent against the same period last year.
Inaddition, about over 1,600 domestic firms are operating their projectsin the locality, with the registered capital totalled 7.5 trillion VND(352.5 million USD).
According to the provincial People’sCommittee, Binh Duong is home to 2,344 foreign-invested projects with atotal capital of 20,204 billion USD.
It is the fourth localitynationwide after Ho Chi Minh City, Ba Ria-Vung Tau and Hanoi drawingtotal foreign investment capital that has exceeded 20 billion USD.
Thelocal authorities are paying attention to completing the developmentplan of supporting industrial areas, said Chairman of the provincialPeople’s Committee Le Thanh Cung.
He added that Binh Duong hasalso promoted administrative procedure reform to remove obstacles forenterprises along with improving its investment environment.-VNA
Almost projects focuson industrial production, food processing and electronic mechanics,which are in line with the province’s investment attraction policies.
BinhDuong ranks third among other localities across the country inattracting investment from foreign countries. As many as 1.4 billionUSD of foreign investment has been poured into the province so far thisyear, up 26 percent against the same period last year.
Inaddition, about over 1,600 domestic firms are operating their projectsin the locality, with the registered capital totalled 7.5 trillion VND(352.5 million USD).
According to the provincial People’sCommittee, Binh Duong is home to 2,344 foreign-invested projects with atotal capital of 20,204 billion USD.
It is the fourth localitynationwide after Ho Chi Minh City, Ba Ria-Vung Tau and Hanoi drawingtotal foreign investment capital that has exceeded 20 billion USD.
Thelocal authorities are paying attention to completing the developmentplan of supporting industrial areas, said Chairman of the provincialPeople’s Committee Le Thanh Cung.
He added that Binh Duong hasalso promoted administrative procedure reform to remove obstacles forenterprises along with improving its investment environment.-VNA
