Binh Dinh to attract 47 investment projects in 2017

Monday, Feb 13, 2017 14:00

A view of central Binh Dinh Province. — Photo

The central province of Binh Dinh aims to attract 40 domestic projects and seven foreign projects with a total investment capital of US$510 million in 2017, according to the provincal Department of Planning and Investment.

To create the most favourable conditions for investors right from the beginning of 2017, the central province’s People’s Commitee has requested relevant agencies to urgently accelerate the construction of technical infrastructure projects at Nhon Hoi Economic Zone and at other industrial parks in the province, said Huynh Thi Thanh Thuy, Deputy General Director of the provincial Department of Planning and Investment.

The province’s authority also asked the Department of Planning and Investment and the Economic Zone Management Board to regularly update the guidelines and policies related to domestic and foreign investment promotion, resolve problems for investors and prioritise investors applying high-tech, modern and environmentally friendly technologies.

In order to attract more domestic and foreign investors, Binh Dinh must facilitate and prioritise strong and capable strategic investors and contact potential and reputable investors to promote trade and investment in the province, said Chairman of Binh Dinh’s People’s Commitee Ho Quoc Dung.

Binh dinh granted investment certificates to 40 projects with a total registered capital of VND9.7 trillion ($427.6 million) in 2016, up VND857 billion compared to 2015. So far, the province has attracted a total of 63 foreign direct investment (FDI) projects with a total registered capital of $738 million. — VNS

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