Manufacturing and processing industry attracts nearly US$1 billion of FDI capital

According to Provincial Department of Planning and Investment, in 2023, the processing and manufacturing industry still was a sector that attracts a lot of attention from foreign investors. Accordingly, there were 100 newly registered investment projects, 32 projects adjusted to increase capital, 91 projects registered to contribute capital and buy shares with a total investment capital of nearly US$964 million, accounting for 54.36% of total registered investment capital.

Manufacture at Kumho Vietnam Tire Company Limited.

Accumulatively, Binh Duong has 4,219 FDI projects granted valid investment registration certificates with a total registered investment capital of more than US$40.3 billion, accounting for more than 8.7% of total FDI capital of all over the country. The average project size is about US$9.11 million. Leading the way is the processing and manufacturing industry, including 3,639 investment projects with a total investment capital of more than US$29.7 billion, accounting for 73.8% of total registered investment capital.

Reported by Ngoc Thanh - Translated by Ngoc Huynh