According to the municipal People’s Committee, the city has granted investment licences to 258 projects with a total registered capital of US$798.4 million, while 84 operational projects added US$409.9 million to their capital.
During the six-month period up to June, the city’s export processing zones and industrial parks also saw a surge in the amount of investment capital, which reached US$623 million, making up 89% of the yearly plan and up 87% compared to the first two quarters last year.
Currently, there are nearly 1,370 operational projects in the city’s export processing zones and industrial parks with total capital of nearly US$8.8 billion.
The increase in FDI shows improvement in the investing climate and efficiency of the city’s policies to attract foreign investment, said Thai Van Re, Director of the municipal Department of Planning and Investment, adding that FDI projects landing in the city are shifting to high-tech industries and sustainable development.
According to Le Hoang Quan, Chairman of the municipal People’s Committee, the city authorities are completing procedures to grant investment licences for projects worth US$1.2 billion in the third quarter.
