Thua Thien-Hue looks to draw 350-400 million USD in FDI
The central province of Thua Thien-Hue is looking to attract 15 new foreign direct investment (FDI) projects with total registered capital of about 350-400 million USD.
Phu Bai Industrial Zone in the central-region province of Thua Thien-Hue. (Photo: VNA)
Thua Thien-Hue (VNA) – The central province of Thua Thien-Hue is looking to attract 15 new foreign direct investment (FDI) projects with total registered capiꦓtal of about 350-400 million USD.
Meanwhile, FDI enterprises in the province aim to earn total revenue of 700 million USD and contribute 80 million USD to the state budget this year.
Thua Thien-Hue will focus on attracting investors from Japan , the Republic of Korea , Singapore , and Thailand to develop tourism and logistics services as well as industrial parks, including the Chan May-Lang Co economic zone.
Since 2015, the province has licensed 9 new FDI projects and allowed three existing projects to increase investment, with total registered capital of 450 million USD.
Last year, the total revenue in the province’s FDI sector reached 650 million USD, up 18 percent against the previous year.
The FDI enterprises also created jobs for over 17,500 workers in the period.
So far, the province has attracted 85 foreign investment projects from 21 countries and territories worth a combined over 2.6 billion USD.
Sin🦋gapore leads the foreign investors with registered capital of 875 million USD, f🅺ollowed by Hong Kong ( China ) with over 300 million USD.-VNA
The Chan May-Lang Co economic zone in the central province of Thua Thien-Hue has set a target of attracting over 1.5 trillion VND (70.5 million USD) this year.
The central province of Thua Thien-Hue plans to attract investments worth 2.5 trillion VND to 3 trillion VND (119.05 million USD) to 142.86 million USD) and generate jobs for 1,000 to 1,500 new workers this year.
Practical measures will be taken for the central province of Thua Thien-Hue to attract 550 billion VND (25.5 million USD) in investment during the second quarter of this year, according to the provincial industrial zone (IZ) management board.
The Chan May-Lang Co Economic Zone in Thua Thien-Hue has 39 valid licensed investment projects, accounting for a total investment capital of over 39 trillion VND (1.8 billion USD).
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Phu Bai Industrial Zone in the central-region province of Thua Thien-Hue. (Photo: VNA)
