Binh Duong draws over USD1 billion of FDI capital

By mid-June 2016, the Sourthern province of Binh Duong lured over USD1.09 billion of foreign direct investment (FDI) capital, 78.3% of the year’s plan or a year-on-year rise of 8.3%, reported the provincial People’s Committee.

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The capital included some USD731 million from 113 newly-licensed projects and USD367 million from 64 ongoing projects.

Processing and manufacturing industry attracted the most attention of foreign investors, with a total capital of more than USD1 billion, while the service field had 14 newly-registered projects and an increased capital of USD83.6 million.

Among 26 countries and territories investing in Binh Duong over the past six months, Singapore took the lead with a total capital of over USD359 million, followed by the Republic of Korea at USD149 million and Japan at USD84.89 million.

So far, Binh Duong has lured 2,700 FDI enterprises with a total registered capital of nearly USD24.7 billion./.

( Compiled by VNF )