Binh Duong IPs attracts over 840 million USD of FDI in nine months
VietReader 22-10-2020, 11:48
Binh Duong IPs attracts over 840 million USD of FDI in nine months

Illustrative image (Source: VNA)


Hanoi (VNA) – Local industrial parks (IP) in the southern industrial hub of Binh Duong lured 840.5 million USD of investment in the first nine months of 2020 according to the Management Board of Binh Duong IP.


The figure accounted for 67.9 percent of the total foreign direct investment (FDI) of the whole province in the period.


In the period under review, the locality saw 75 newly-licenced projects, along with the addition of capital to 56 underway projects, and 157 share purchase deals.


Major projects included one in real estate worth 78 million USD invested by H9BC Investment, another worth 30 million USD by Singapore’s Sung Shin Tech Limited, and a 20 million USD one by Singapore’s Ever Giant International Provate Limited.


In order to complete the duo-target of preventing the spreading of COVID-19 pandemic and boosting economic development, the People’s Committee of Binh Duong has issued regulations on receiving foreign experts to the locality for short-term working, thus meeting the demand of skilled workers in the province./.
VNA

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