Tran Van Nam, chairman of the provincial People’s Committee (right, first line) grants investment certificates to enterprises.
On April 10, the provincial People’s Committee held a ceremony of granting investment certificates to foreign enterprises at the integrated administration center. Attending the ceremony were Tran Van Nam, chairman of the provincial People’s Committee, Tran Thanh Liem, vice chairman of the provincial People’s Committee, reps of associations and business sub-societies such Japan, China, Korea, Taiwan as well as investors.
More new projects
At the ceremony, Tran Van Nam granted investment certificates to 28 new and capital-added projects with the total capital of nearly US$304mn. Specifically, 20 are new projects, capitalized at about US$202.5mn and 8 are capital-added ones worth US$101.4mn. These projects are among 85 projects that are chosen to grant investment certificates at the ceremony. With the 1st phase granting of investment certificates, Binh Duong has thus far attracted 2,440 FDI projects with the total capital of more than US$20.8bn.
Among 20 new FDI projects in this phase, there are some big projects including NPC Toda Co.Ltd. with the investment capital of US$30mn, Nippon Chemiphar Vietnam Co.Ltd. (US$25mn) and more.
Apart from new projects, many enterprises decide to increase investment capital. There are some big capital-added projects such as Sharp Mind Technology Vietnam with US$7.8mn, Anheuser-Busch Inbev Vietnam Co.Ltd (US$26mn) and among others.
Investment capital soars sharply
Regarding increase in investment capital, Rober Ng., director of Sakata Inx Vietnam Co.Ltd. in Vietnam-Singapore 1 IP said that after a long time investing in Binh Duong, the enterprise always enjoys care and support from the local administration, facilitating enterprises’ effective operation.
Park Kin Ku, chairman of Korean Business Association in Binh Duong said that Binh Duong’s investment environment is very well and advantaged, so capital of FDI is constantly poured into the locality.
Addressing the ceremony, Tran Van Nam, chairman of the provincial People’s Committee added that granting of investment certificates to the 28 enterprises is considered as high appreciation of local leaders for investors. Projects in this phase are a concrete proof for faith and long attachment of investors for Binh Duong. In addition, he applauded investors’ choice in Binh Duong and believed in these projects will contributed to greatly to local socio-economic development in the coming time.
Reported by T.Minh – Translated by A.C
