Tiền Giang attracts two new projects

February 19, 2019 - 09:00

Tiền Giang Province has attracted two new investment projects to its industrial parks, with a combined registered capital of VNĐ5.4 trillion (US$232.58 million).

A seafood processing facility in Tiền Giang Province, which attracted two new multi-million dollar projects in industrial parks in the first two months of the year. – VNA Photo Minh Trí
Viet Nam News

TIỀN GIANG — Tiền Giang Province has attracted two new investment projects to its industrial parks, with a combined registered capital of VNĐ5.4 trillion (US$232.58 million).

Nguyễn Thanh Liêm, deputy head of the management board for Tiền Giang’s industrial parks, said that the province has 101 projects with total registered capital of VNĐ47.8 trillion renting over 529 hectares of land (which covers about 70 per cent of the available land at its four industrial parks).

The industrial production value of the companies at these parks within the first two months of the year was more than VNĐ12.2 trillion, 14.56 per cent higher than last year’s period. Exports were $423 million, more than 8 per cent higher than the same period last year.

The companies at the industrial parks are targeting more than VNĐ77 trillion of industrial production and $2.74 billion of exports for 2019.

Tiền Giang aims to attract 10 more projects this year and will further improve the investment climate, simplify procedures, inform companies of regulations, and help existing companies with their problems, authorities have said. — VNS

 

 

 

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