FDI continues to flow into Binh Duong

The southern province of Binh Duong has attracted investment from many foreign companies despite difficulties in the world economy.

In 2011, the province received additional US$889 million for 76 new and 118 existing projects, raising the total number of foreign investment projects to 2,054 capitalized at US$14.6 billion

An official from the Japanese company Tokyo Rope Vietnam said on December 7 that his company will pump another US$45 million into its factory at the second Vietnam-Singapore Industrial Park.

Masaya Asano said Tokyo Rope Vietnam, which came into operation in 2006, produces and exports high-quality bare stranded cable to many countries.

Meanwhile, Aeon group, a well-known retailer in Japan, is preparing to build a 75,000m2 trade centre in Thuan An town in 2012. Another group, GS, will also invest US$30 million in a trade complex comprising hotels, restaurants, offices for lease, supermarkets, and recreational areas in the second My Phuoc Industrial Park the same year.

In addition, there will be projects of businesses from Singapore and the Republic of Korea

(VOVNEWS)

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