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Mobilizing VND240trillion in capital for development investment

Update: 18-11-2010 | 00:00:00

This is the target of the provincial People’s Committee’s socio-economic development draft in the 2011 and 2015 period.

 Accordingly, total mobilized capital of VND240trillion will ensure to maintain the province’s economic growth in this period. Of the total figure, 9.3% come from State-funded capital, 4.2% from credit capital, 36.3% from private capital and other domestic sources and 49.9% from FDI capital. The annual investment capital growth of the whole society is expected to reach 20%-21%.

 To achieve the above target, provincial People’s Committee will further boost measures in domestic and foreign investment attraction; encourage infrastructure investment; strengthen administrative reforms; remove investors’ difficulties; take synchronous measures to firmly keep the PCI…

 

Reported by Thanh Son-Translated by K.T

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