Province further boosts development investment

FDI capital flowing into the province is on rise under the high-tech trend

Binh Duong province further boosted its development investment task in the first 8 months of this year, according to provincial People’s Committee. The total capital granted for the local basic construction reached VND1.7trillion or 58% of the local adjustment plan in 2010.

 

For investment attraction, the province absorbed additional 1,115 new domestic investment projects with a total registered capital of more than VND4.56trillion and VND5.44trillion in extra-capital for production expansion. The province also lured 71 new FDI projects and 94 extra-ones with more than US$736mln.

 

Also during the time, provincial Development and Investment Fund disbursed VND619bln in loan, increasing by 6.7 times compared to the same period last year, contributing to mobilizing a great capital for the local production and trading activities.

 

Reported by Thanh Son-Translated by K.T