Binh Duong has attracted US$2.83 billion foreign direct investment (FDI) since earlier this year, double this year’s plan.
Currently, there are 2,070 FDI projects with a total capitalization of US$16.838 billion.
Among 51 new projects in the reviewed period include the Tokyu Group’s project worth US$1.2 billion, the Dai Nippon Printing Group (US$35 million), Vietnam Biomin Ltd Company (US$8 million), Net Hoa Company (US$5.2 million). 57 additional capital projects include Sunsteel joint stock Company (US$120 million), United International Pharma (US$6 million) and Liwayway Food Industry Company (US$14.5 million)
This is attributed to local efforts to call for investment from potential markets, such as Japan and the Republic of Korea (RoK).
Most of the projects are focused on services, infrastructure construction and urban development.
Tran Van Lieu, head of the management board of the provincial industrial parks, said in order to attract foreign investors, the province has spared no effort to improve industrial and transport infrastructure, social welfare, human resources training and urban development.
The province has closely coordinated with universities and colleges in ensuring an abundant supply of human resources to both domestic and foreign businesses.
VOV
