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Investment inflows into Bình Định rise in five months

Update: June, 07/2017 - 14:00
Nhơn Lý Coastal Commnune in Bình Định Province. The central province sees a positive result in five-month investment attraction. — Photo dulichdaiduong.vn
Viet Nam News

HÀ NỘI — Domestic and foreign investment inflows into the central province of Bình Định Province surged in the first five months of this year, according to the provincial Department of Planning and Investment.

In the reviewed period, the province lured 47 domestic projects with a total registered capital of VNĐ12.24 trillion (US$538 million), 12 projects more than those attracted in the same period last year, the department director Nguyễn Thúc Đỉnh said.

Among the large-scale projects included a residence-trade-service complex valued at VNĐ1.39 trillion and Cẩm Vân new residence area capitalised at VNĐ421 billion.

In the period between January and May, the locality also received six foreign-invested projects with a total capital of $92 million, up three projects compared with the same period last year.

Two projects with large registered capital were a Japanese-invested solar and wind power project worth $64 million, and a $21.2 million pig-breeding farm project being financed by Seldat Việt Nam Co.

By the end of the year, Bình Định will continue to accelerate investment promotion to attract more investment capital, especially in its Nhơn Hội Economic Zone and other zones, chairman of the provincial People’s Committee Hồ Quốc Dũng said.

The province will carry out activities to study and assess its potential to attract foreign and domestic partners while building database and documents for investment promotion.

It will also focus on advertising its investment environment and opportunities, and support local investors and businesses to participate in investment promotion forums, both in Việt Nam and other countries such as Japan, South Korea, Singapore, Thailand, the US and the EU, Dũng said. — VNS

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