July 05, 2017 | 21:47 (GMT+7)
An Giang lures VND 4.7 trillion worth of investment in six months
In the first half of 2017, the Mekong Delta province of An Giang attracted VND 4.7 trillion (USD 206.8 million) worth of investment in 44 projects, of which 42 were owned by domestic investors.
The Binh Hoa industrial park in An Giang
The provincial Department of Planning and Investment said the numbers represented a 36.3-percent increase in project number and a 36.7-percent drop in the amount of registered capital in comparison with the same period last year.
The reduction was caused by an annual fall in the average capital registered per project, which ranged between VND 100 and 110 billion (USD 4.4 – 4.84 million). The figure for last year was between VND 200 and 225 billion (USD 8.8 – 9.9 million).
Large projects recorded during the period included a VND 1.45 trillion (USD 63.8 million) industrial cluster for farm produce processing, the VND 283.3 billion (USD 12.4 million) expansions of Ba Chua Xu spiritual-cultural tourism site, and a VND 150 billion (USD 6.6 million) tourism site in Tra Su Mountain.
Regarding foreign direct investment, the province has to date recorded 37 valid projects with registered value reaching more than USD 219.8 million.
Source: VNA