Binh Dinh attracts 14 investment projects in the first 2 months of 2023

Projects with domestic investment capital, including 4 projects in economic zones and industrial parks with a total investment capital of 290 billion VND; 7 projects in industrial park with total investment capital of 544.79 billion VND; 3 projects outside the EZ, Industrial Park, and Industrial Complex with total investment capital of 5,501.37 billion VND.

Specifically, there are 08 projects in the Industry sector; 03 projects in the fields of Trade, services and tourism; 03 projects in the field of Construction and infrastructure. By area, Phu Cat district has 02 projects, Tay Son has 03 projects, Hoai Nhon town has 03 projects; Tuy Phuoc district and Van Canh district, each area has 01 project, in the Economic Zone and Industrial Park there are 04 projects.

Notably, among the above projects there are projects with large investment capital, such as: An Quang urban and tourist area, Phu Cat district in An Quang village, Cat Khanh commune, Phu Cat district of the Joint Venture. Tuan Dung Trading Group Company Limited, Dong Do Real Estate Investment Joint Stock Company – MND, Hoang Thanh Technology Development and Trading Company Limited (registered capital 5,228.79 billion VND); Traditional market and Bong Son commercial and service area project, Hoai Nhon town of Thuy Ha Co., Ltd. and Hai Dang Thai Binh Trading Construction Joint Stock Company (registered capital 198.29 billion VND).

Besides, for attracting foreign investment, Binh Dinh province currently has 86 FDI projects with a total registered capital of 1.088 billion USD; including 38 projects in the EZ and Industrial Park with a total registered capital of 843.35 million USD and 48 projects outside the EZ and Industrial Park with a total registered capital of 245.56 million USD. Among them, Japan is still the partner with the largest number of investment projects with 18 projects, registered investment capital of 89.45 million USD; Followed by Singapore (15 projects, 139.48 million USD), Hong Kong (10 projects, 91.19 million USD)…

According to the socio-economic development plan for 2023, in 2023, Binh Dinh province continues to focus on inviting domestic and foreign investors with potential and strong brands to invest in key projects in 5 key projects. Main pillars include: Industry; tourism; High-tech agriculture; port and logistics services; Urban economy is associated with the urbanization process.

Prioritize attracting projects with modern technology, high intellectual content, environmentally friendly, efficient use of resources, and products with competitive advantages.

Continue to focus on small and medium-sized investors with clean and high technology from Japan, Korea, especially European countries and some other developed countries to speed up the filling process. Nhon Hoi Economic Zone and industrial parks and industrial clusters in the province have promoted the development of supporting industries, infrastructure and accompanying services, creating an attractive premise to attract investors. big investment.

Based on research and assessment of market potential and trends of investment partners, the Department of Planning and Investment, Economic Zone Management Board and other departments, branches and associations advise the Provincial People’s Committee on a number of Investment promotion activities, if developments of the Covid 19 pandemic get better, the province will organize a number of investment promotion activities in countries with large economies such as Japan, Korea, Singapore, Germany, England, United States, Israel, Australia, New Zealand,… or send promotional materials to investment promotions organized by ministries and central branches to attract potential investors, as well as orient investors to with Binh Dinh province.

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