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Economics

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Domestic investment of provincial industrial parks increases by nearly VND 4,900 billion

According to Provincial Industrial Park Management Board, domestic investment attraction in August was VND 769.22 billion. In particular, the Management Board granted 6 new projects with a total registered investment capital of VND 681 billion, granted capital adjustment of 1 project with an increased capital of VND 88.22 billion. Since beginning of this year, industrial parks of the province have attracted nearly VND 4,900 billion, an increase of more than 6 times over the same period in 2019, and exceeding 5 times the target of 2020. In particular, the Board granted 27 new projects with a total registered investment capital of VND 4,644.7 billion, an increase of 28.57% in terms of project number and 3 times in terms of capital over the same period in 2019; granted 2 capital adjustments with an increased capital of VND 245 billion.

Domestic projects investing in industrial parks are mostly manufacture of goods in the supporting and processing industries to supply domestic market and export. Currently, Binh Duong is a locality attracting investment of many domestic enterprises in fields of industrial production, technical infrastructure, trade - services.

Reported by Ngoc Thanh - Translated by Ngoc Huynh

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