Province-based VSIPs absorb over US$213mln in FDI capital in Q1

According to the Vietnam-Singapore Industrial Parks (VSIPs) Management Board, enterprises in the VSIPs continued working stably in Q1 2016.

The VSIPs attracted US$213.365mln in FDI capital, up 39.39% compared to last year’s corresponding period. Particularly, there were 11 newly-registered projects worth US$185.62mln and 8 extra-ones with US$27.745mln.

Also during the period, the total investment capital implemented by enterprises in the VSIPs was estimated at US$140mln, up 7.14%. Their total revenue and export turnover reached US$1.8bln and US$1bln, up 1.55% and 10%, respectively. They also paid US$16mln for State budget, up 6.25% against last year’s corresponding period. In addition, the Management Board granted 532 sets of C/O form D with total turnover of US$49mln, up 40.81% over last year’s corresponding period.

Reported by Phuong Le-Translated by K.T