Local Ips absorb over VND9.61billion in FDI capital

Industrial parks (Ips) under provincial Ips Management Board, in May 2016, attracted 2 domestic projects with a total registered capital of VND60billion. Thus, since early this year, they have lured more than VND803.31billion in domestic capital, including more than VND348.31billion from 12 new projects and VND455billion from 2 extra-ones, or 146.06% of the year’s plan.

Also in May, they drew nearly US$63.54million in FDI capital, comprising of nearly US$49.59million from 16 new projects and US$13.95million from 4 extra-ones. The amount of FDI capital flowing into them since early this year has reached more than US$398.14million, including more than US$271.75million from 48 new projects and more than US$126.39million from 24 extra-ones or 49.77% of the year’s plan.

They have to date lured 1,594 valid projects, comprising of 1,144 FDI projects with a total registered capital of more than US$9.61million and 450 domestic ones with a total registered capital of more than US$36.39billion.

Reported by Phuong Le-Translated by K.T