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The Netherlands topped the list with 221 projects with registered capital of US$6.58 billion, accounting for 34.7% of EU investment in the country.
France ranked second with 418 projects with investment capital of US$3.3 billion, or 17.4% of EU investment. The UK and Germany followed with US$2.82 billion and US$1.33 billion respectively.
The EU countries are mainly interested in the Vietnamese processing and manufacturing industry. EU investors play a large role in this industry with 547 registered projects worth over US$6 billion, 31.8% of total investment. They have also invested US$3.52 billion in 19 projects in the electricity and gas sector, as well as additional capital in the information and communications, real estate and mining sectors due to their economic potential and technological advantages.
The EU's major projects in Vietnam
The US$2 billion Mong Duong 2 BOT coal-fired power plant, with two units and capacity of 1,240MW, is currently under construction in Mong Duong Precinct, Cam Pha City, Quang Ninh Province. The project owner is AES-VCM Mong Duong Power Company Limited.
A business cooperation contract on CDMA 800Mhz mobile phone network services between Vietnam Posts and Telecommunications Group (VNPT) and Hutchison Telecommunication, R.L (Luxembourg) with a total investment of US$1.04 billion.
A business co-operation contract on telecommunications between Vietnam Posts and Telecommunications Group (VNPT) and France Cables et Radio in Vietnam (France) to build new construction works, upgrade and provide telecommunications services with a total investment of US$615 million.
A business co-operation contract on Nam Con Son gas pipelines signed by PetroVietnam, BP Pipelines in the field of design, construction and operation of gas pipelines with a total investment of US$607 million.
A business cooperation contract on Cai Mep Port invested by Terminal Link of France with registered capital of US$520 million.
