January 03, 2024 | 20:27 (GMT+7)
Thai Nguyen strives to attract USD 500 million of FDI in 2024
The Northern province of Thai Nguyen strives to attract 15 new projects to its industrial zones, USD 500 million of foreign direct investment (FDI) and VND 4.5 trillion (over USD 184.4 million) of domestic direct investment (DDI) in 2024, according to the province’s Industrial Parks Management Board.
According to head of the management board Le Kim Phuc, to achieve the targets, the board will focus on removing bottlenecks in land clearance work, continuing infrastructure development projects in industrial parks, and strengthening dialogues with enterprises.
The board will closely coordinate with investors of IP infrastructure projects and investment consulting organizations to renew investment promotion activities. It will also contact and attract strategic investors in potential areas like the semiconductor industry, electronics, and high technology.
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A view of Thai Nguyen city |
The management board and local authorities will continue to enhance administrative reforms, and improve the provincial business and investment environment, he added.
In 2023, the board issued 48 new investment registration certificates to 38 FDI projects and 10 DDI projects with a total registered investment capital of USD 225.8 million and more than VND 1 trillion respectively.
The board also adjusted the investment registration certificates for 121 projects, of that, 23 projects had their total investment capital increased by more than USD 190 million and VND 997 billion.
Thus, in 2023, industrial parks in the province attracted more than USD 417 million, nearly 40% higher than planned, thus continue to place Thai Nguyen among the provinces and cities with the highest FDI attraction capital in Vietnam.
Source: VNA