Central province licenses three new pharma, cosmetics projects

Tuesday, Nov 08, 2016 10:34

The People's Committee of central Binh Dinh Province late last week granted licences to three new projects with combined investment capital of VND570 billion (US$25.5 million). — Photo baodautu.vn
BINH DINH (Biz Hub) — The People's Committee of central Binh Dinh Province late last week granted licences to three new projects with combined investment capital of VND570 billion (US$25.5 million).

The three projects, to be developed in the province's Nhon Hoi A Industrial Zone, specialise in the pharmaceutical, cosmetics and biology sectors.

In order to attract more investment, the province has announced many measures with a focus on sending delegations to Japan, Singapore, and Thailand to solicit investment. It has also provided support to investors and offered incentives to attract investment and talented people.

Over the past six months, it has attracted 18 projects, including three foreign-invested, with capital totalling $240 million. The projects were involved in trade and service, real estate, agriculture, textile and garments, as well as animal feed production. — VNS

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