According to the provincial People’s Committee, among local foreign investment capital poured into Binh Duong province with 2,367 projects of the total investment capital of US$20.3bil, Korea has nearly 490 projects, capitalized at more than US$1.9bil, ranking third among 39 nations and territories investing in Binh Duong province.
Koeran enterprises’ capital sources focus mainly on industrial production areas such as auto tire, fiber, auto and motorbike components, accessories; steel; electronic equipment; supportive industrial products and more. Accordingly, there are many projects with big investment capital sources including Kumho Tires Vietnam with the capital of US$200mil, KyungBang Vietnam Co.Ltd over US$94mil and more.
Recently, Korean companies invest strongly in trade and service and real estate fields. They include Lotte Group with the investment capital of US$30mil, Charm Engineering Company with nearly US$200mil in Charm Plaza complex.
Korean enterprises have contributed greatly to local socio-economic development. In addition, many enterprises have involved positively in social activities eyeing the community.
Reported by T.MINH – Translated by A.C












