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Economics

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Tan Uyen-based Ips absorb many investment projects

Tan Uyen district-based industrial parks (IPs) have reaped initial results in investment attraction, according to provincial IPs Management Board.

 Established in 2005, the South Tan Uyen IP of 330.51 ha has so far lured 45 investment projects, including 30 foreign direct investment (FDI) projects with total registered capital of more than US$85.6mln and 15 domestic direct investment (DDI) ones with total registered capital of more than VND2.1trillion. The South Tan Uyen IP has also reached 90% of the tenancy rate for industrial land. There are now 39 businesses in operation in the IP.

 Meanwhile, the Dat Cuoc IP of nearly 213ha, which is invested by Binh Duong Minerals and Construction Joint Stock Company, has also drawn 21 FDI projects with total registered capital of US$53.7mln and 6 DDI ones with total registered capital of VND703.6bln. There are now 16 businesses in operation in the IP.

 

Reported by Trong Minh-Translated by K.T

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