Nghi Son EZ has 28 more investment projects

Monday, Oct 17, 2016 15:38

Nghi Son Economic Zone has granted investment certificates for 28 projects in the first nine months. - Photo

HA NOI (Biz Hub) — Twenty eight projects received investment certificates in the Nghi Son Economic Zone in Thanh Hoa Province for the first nine months of this year.

This was revealed by the Management Board of Nghi Son Economic Zone and Industrial Zones in the province.

They comprised 27 domestic projects with total registered capital of VND7.96 trillion and one foreign invested project with registered capital of US$2.3 million.

During the nine months, the management board also permitted four projects to increase their investment capital by VND306 billion and two projects to reduce their capital by VND26.5 billion, reported.

By September 2016, the Nghi Son Economic Zone had attracted 10 foreign invested projects with total registered capital of $12.12 billion and 133 domestic projects with total registered capital of VND101.42 trillion.

Meanwhile, in the nine months, there were several local and foreign investors who visited the zone to seek investment opportunities and sign memoranda of understanding (MoUs) for investment in the zone, according to the management board.

They included Hyosung Group from South Korea which signed an MoU on investing $1 billion in the zone, Keystone Solution Group from the United States studying the development of healthcare projects in the zone and Royal Star Holdings Limited from Singapore studying the introduction of seaport and industrial zone infrastructure in the zone.

Nghi Son Economic Zone is located in Tinh Gia District in central Thanh Hoa Province since 2006 and has the Nghi Son seaport system.

The zone has given priority to investment in heavy industries and petrochemistry. It has a free trade region, a seaport, an urban area and an entertainment area, as well as financial, service and administrative areas. — VNS

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