Singapore takes lead in investment capital in Binh Duong in first 10 months of 2023

Over the past 10 months, Singapore took lead in investment capital in Binh Duong, with nearly US$ 450 million, accounting for 27.5% of total investment capital pouring into the province since early this year, according to provincial Department of Planning and Investment. Particularly, there were 14 newly registered projects with total investment capital of over US$ 109 million; 8 projects adjusted in terms of investment capital with total registered capital increase of nearly US$ 216 million and 4 projects registering to contribute capital and buy shares with total capital contribution value of US$ 124 million.

As of now, Singapore has ranked third among 65 countries and territories making investment in Binh Duong with 290 projects capitalizing at nearly US$5.5 billion, accounting for 14% of the whole province’s investment capital. In addition to investing in infrastructure development of industrial parks, investors from Singapore have also contributed capital to projects manufacturing electronic components, electrical equipment, pharmaceuticals and medical products and equipment, processing food and developing warehouse, logistics and real estate services...

Reported by Ngoc Thanh-Translated by Kim Tin