Business

Binh Duong secures 301.5 million USD in FDI in two months

Foreign direct investment (FDI) flows to the southern province of Binh Duong during January-February topped 301.5 million USD, a year-on-year increase of 63 percent, the provincial People’s Committee said on March 2.
Binh Duong secures 301.5 million USD in FDI in two months ảnh 1A corner of Binh Duong province (Photo: VNA)
Binh Duong (VNA) – Foreign direct investment (FDI) flows to thesouthern province of Binh Duong during January-February topped 301.5 millionUSD, a year-on-year increase of 63 percent, the provincial People’s Committeesaid on March 2.

Thirteen projects were granted investment registration certificates in theperiod, with total registered capital of 254 million USD. Meanwhile, twoprojects registered to add 3.5 million USD to their existing operation.

As much as 44 million USD was injected to 21 projects in the locality throughcapital contribution.

To date, the southern industrial hub has housed 3,948 FDI projects with totalcapital of 35.8 billion USD.

It is not only one of leading localities in FDI attraction but also anattractive destination for domestic investments. The province lured more than8.65 trillion VND (377.5 million USD) from domestic investors in the first twomonths of the year./.
VNA
#Binh Duong#FDI flows#investment registration certificates#capital contribution#southern industrial hub#domestic investors#Vietnam News Agency#Vietnamplus
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