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Binh Dinh attracts slew of major projects

The southern central province of Binh Dinh licensed 11 new investment projects in the first two months of this year worth a total capital of VND1.15 trillion (USD49.56 million).

The southern central province of Binh Dinh licensed 11 new investment projects in the first two months of this year worth a total capital of VND1.15 trillion (USD49.56 million).

According to Nguyen Bay, director of the provincial Department of Planning and Investment, all of the projects, which are locally invested, are located in economic zones, industrial parks and complexes.

Binh Dinh attracts slew of major projects - 1
 

Nhon Hoi Economic Zone in Binh Dinh


Among the projects, nine are in the industrial sector, one in tourism and the remainder in the real estate industry.

The largest project is Thi Nai Lagoon eco-tourist site worth VND800 billion, followed by a VND147-billion urban area project in Nhon Hoi Economic Zone and a VND146-billion furniture project.

The province is home now to 86 foreign-invested projects capitalised at USD1 billion in total. Japan, Singapore and Hong Kong are the biggest foreign investors in the province.

In the January-February period, Binh Dinh licensed 196 new enterprises with a combined capital of VND1.68 trillion, up 46 percent in terms of businesses and 70 percent in capital value on-year.

Bay added that the province has listed many as prioritised projects between 2021 and 2025.

Source: dtinews.vn
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