Investment capital implemented in IPs reaches over 44% of yearly plan

According to provincial Industrial Parks (IPs) Management Board, up to now, there have been 2,453 projects operating in the local IPs.

It is know that enterprises in province-based IPs have worked stably. In the first quarter of 2023, their investment capital implemented is estimated at reaching US$881.46 million, up 9.46% over the same period and or 44.07% of the year’s plan. Of these, the foreign-invested economic sector gained US$781.26 million (accounting for 88.63% of total), up 9.53% over the same period while the domestic sector gained US$100 million (accounting for 88.63% of total), an increase of 8.94% over the same period.

So far, Binh Duong has also set up many preferential policies and mechanisms to support investment in the local IPs while actively removing obstacles on legal procedures pertaining to land for secondary investors in the local IPs.

Reported by Ngoc Thanh-Translated by Kim Tin