Tuesday, October 20 2020


Quảng Ninh lures additional $47 million investment

Update: July, 10/2017 - 15:00
Workers control a production assembly of the Texhong Ngân Hà Co Ltd’s factory in the Texhong Hải Hà Industrial Zone. — Photo baoquangninh.com.vn
Viet Nam News

QUẢNG NINH — The northern province of Quảng Ninh attracted more than US$47 million in foreign direct investment (FDI) in the first six months of 2017.

The sum came from two new and six existing projects, raising the number of valid FDI projects in the province to 58, with total registered capital at over $2.3 billion.

Notably, Texhong Vietnam invested more than $20 million in supporting infrastructure and water supply for the Texhong Hải Hà Industrial Zone in the province.

Quảng Ninh’s authorities later will submit their investment policies for the Prime Minister’s approval.

Meanwhile, the province will provide support for foreign investors to complete investment procedures of major projects such as infrastructure development in the Sông Khoai industrial zone and the Hòn Gai ecological & resort tourism project in Vân Đồn District.

Besides this, the province has worked with Texhong Vietnam to devise a feasibility study for the Hải Hà thermal power plant in the Hải Hà industrial zone. The plant with capacity of 2,100MW is expected to cost over $3 billion. — VNS



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