Long An (VNA) – The Mekong Delta province of LongAn last year issued licenses to 90 new foreign direct investment (FDI) projectswith a combined capital of 450 million USD, thus maintaining its leadingposition in FDI attraction in the region, according to local authorities.

Statistics also show that the number of the FDI projects inthe province last year rose to nearly 1,000, with investment capital totaling morethan 6 billion USD. Of this, 576 projects with a combined capital of over 3.6billion USD are now operational.

As for domestic investment attraction, Long An issuedlicenses to 191 projects with a total capital of 23.5 trillion VND (over 1billion USD) in the period under review, bringing the number of the investment projectsof this kind to more than 1,600 and their combined capital to 184 trillion VND.

Local authorities said the projects are mainly located inindustrial complexes, and stated that they will maintain the policy ofselective investment attraction in the time to come, with a focus on the tempoof implementation.

Besides, they will also pay attention to the measures aimedat improving the investment and business environment as well as raising thenational competitiveness so as to create the best conditions for investors andto encourage the application of new technologies.

Furthermore, the province will continue improving thequality of its administrative reform and pushing up investment promotionactivities in a number of countries and territories with developed industries,especially FDI projects with large scale and modern technology that use theland fund in an effective manner.-VNA