Local IPs’ investment attraction exceeds yearly target

According to provincial Industrial Parks (IPs) Management Board, domestic and foreign investment attraction in the first nine months of 2024 exceeded the set targets. Specifically, the local IPs over the past 9 months attracted over VND 1,339 billion in domestic investment, reaching 103% of the annual target.

In terms of foreign investment, they attracted more than US$ 1.36 billion in the first nine months of 2024, achieving 113% of the annual target. Particularly, there were 114 newly licensed projects with total registered capital of US$ 706.4 million and 92 existing projects that increased their investment capital by over US$ 660 million.

As of now, province-based industrial parks have had a total of 3,194 valid investment projects, including 2,508 foreign-invested projects with total registered capital of more than US$ 30.36 billion and 686 domestically-invested projects with total registered capital exceeding VND 95 trillion.

Reported by Tri Dung-Translated by Kim Tin