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Binh Duong attracts $1.4b in FDI during first nine months

Update: October, 04/2014 - 10:19
This southern province lured 212 foreign direct investment (FDI) projects worth more than US$1.4 billion in the first nine months of 2014, according to the local planning and investment department.— Photo ndh
BINH DUONG  (VNS) — This southern province lured 212 foreign direct investment (FDI) projects worth more than US$1.4 billion in the first nine months of 2014, according to the local planning and investment department.

Department officials said the amount of capital represented a 26 per cent year-on-year increase and was 40 per cent higher than the quota the province had set for 2014.

Binh Duong now ranks third nationwide in attracting FDI in the first nine months, after the northern province of Bac Ninh and HCM City. The province has so far attracted 2,344 FDI projects worth $20.2 billion and ranks fourth among localities with FDI capital exceeding $20 billion.

HCM City lured the most capital with $35.9 billion, followed by Ba Ria-Vung Tau Province with $26.6 billion and Ha Noi with $23.3 billion. — VNS


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