The south-central province of Binh Dinh will focus on attracting domestic and foreign investment in the rest of the year, with priority on big and labour intensive projects, according to insiders.
Binh Dinh (VNA) – The south-central province of BinhDinh will focus on attracting domestic and foreign investment in the rest ofthe year, with priority on big and labour intensive projects, according toinsiders.
Ho Quoc Dung, Chairman of the provincial People’s Committee,said the locality will take comprehensive measures to boost industrialdevelopment and speed up the progress of a number of projects such as theexpansion of the Vinamilk Quy Nhon milk factory, the Quy Nhon beverage factory,and renewable energy projects.
The province will also complete procedures for theimplementation of the Becamex Binh Dinh industry-urban-service area.
In the first half of this year, the province approved theinvestment of 20 new projects with a combined capital of about 15 trillion VND(645 million USD USD), including two foreign-invested ones worth over 72million USD.
So far, the province has hosted 78 FDI projects with a totalcapital of 724.3 million USD.
In the tourism area, Dung said that in the recent threeyears, the province has seen an annual growth of over 20 percent.
In the first six months of 2019, Binh Dinh welcomed over 2.6million visitors, up 22.8 percent year on year, including 220,000 foreigners, arise of 49.1 percent.
The province’s tourism sector has seen great progress,making Quy Nhon-Binh Dinh an attractive route for tourists.
According to Dung, the province has strengthened support toinvestors in the sector and collaboration with foreign partners in personneltraining.
In the first half of this year, Binh Dinh recorded grossregional domestic products (GRDP) growth of 6.7 percent to 24.55 trillion VND.Its budget collection in the period reached over 5.9 trillion VND, equivalentto 78.1 percent of the yearly estimate and representing a rise of 54 percentyear on year.-VNA
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Goods loading at Quy Nhon port (Photo: VNA) 
