Binh Duong names priority sectors for investment

Tuesday, Dec 03, 2013 08:21

The six fields are electrical-electronic industry, support industry, precision mechanics, the basic chemical industry, medical and pharmaceutical equipment and high-quality food processing.— Photo tuoitre

BINH DUONG (Biz Hub)— The southern province of Binh Duong has named six priority fields, while calling for investments in 2014.

The six fields are electrical-electronic industry, support industry, precision mechanics, the basic chemical industry, medical and pharmaceutical equipment and high-quality food processing.

Further, the province will encourage the application of technologies that help save energy, fuel and materials during production.

It also focuses on raising the amount of local content used in manufacturing products, as well as the value and competitiveness of products, minimising the use of labour, and developing industry in line with environmental protection.

More than US$1.2 billion has been poured into the province in 2013, driving its total FDI to nearly $19 billion, so far this year.

Foreign-invested projects in the province have been operating effectively, earning major production and export values, with strength in garments, wood products, footwear, electronics and food processing.—VNS


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