Local industrial parks attract US$28 billion in FDI

Source from provincial Industrial Parks’ (IPs) Management Board said that in 2022, the local IPs were estimated to attract more than US$2.57 billion, up 58% over the same period in 2021, or 214% compared to the year’s plan. Particularly, there were 47 new projects with total registered investment capital of US$ 1.6 billion, down 4.08% in number of projects, up 206% in capital over the same period; 113 projects adjusted to increase capital with over US$ 974 million, an increase of 24.18% in the number of projects. Provincial IPs’Management Board also approved capital contribution to buy shares, capital contribution in economic organizations for 56 enterprises with total capital of over US$123 million.

Thus, up to now, province-based IPs have lured 3,032 valid projects, including 2,353 FDI projects with total registered investment capital of US$ 28 billion and 679 domestic ones with  total investment capital of more than VND 88.21 trillion.

Reported by Ngoc Thanh-Translated by Kim Tin