Province’s FDI attraction in 2016-2020 period exceeds 14.9% of the set plan

Under provincial Party Committee’s Program No.23-Ctr/TU on mobilizing and upholding resources from economic sectors for socio-economic infrastructure development in the 2016-2020 period, as of April 15, the province absorbed US$8billion in FDI capital, exceeding 14.9% of the set plan.

Noticeably, since 2016, FDI capital flowing into the province’s manufacturing and processing sectors reached more than US$6.8billion or 84.5% of total registered capital. Thus, the province has so far attracted more than 3,500 FDI projects from 64 countries and territories with total registered capital of more than US$33.2billion, ranking third nationwide in FDI attraction.

According to provincial People’s Committee, most FDI projects in industrial manufacture are arranged into industrial parks, compounds with well-built infrastructure.

Reported by Khanh Vinh-Translated by K.T

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