Bình Định to attract 47 investment projects in 2017

The central province of Bình Định aims to attract 40 domestic projects and seven foreign projects with a total investment capital of US$510 million in 2017, according to the provincal Department of Planning and Investment.

To create the most favourable conditions for investors right from the beginning of 2017, the central province’s People’s Commitee has requested relevant agencies to urgently accelerate the construction of technical infrastructure projects at Nhơn Hội Economic Zone and at other industrial parks in the province, said Huỳnh Thị Thanh Thủy, Deputy General Director of the provincial Department of Planning and Investment.

The province’s authority also asked the Department of Planning and Investment and the Economic Zone Management Board to regularly update the guidelines and policies related to domestic and foreign investment promotion, resolve problems for investors and prioritise investors applying high-tech, modern and environmentally friendly technologies.

In order to attract more domestic and foreign investors, Bình Định must facilitate and prioritise strong and capable strategic investors and contact potential and reputable investors to promote trade and investment in the province, said Chairman of Bình Định’s People’s Commitee Hồ Quốc Dũng.

Bình Định granted investment certificates to 40 projects with a total registered capital of VNĐ9.7 trillion ($427.6 million) in 2016, up VNĐ857 billion compared to 2015. So far, the province has attracted a total of 63 foreign direct investment (FDI) projects with a total registered capital of $738 million

Source: VNS

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