The southern province of Binh Duong attracted 1.49 billion USD in
foreign direct investment (FDI) in the first eight months of 2013,
surpassing its target of 1 billion USD set for this year.
During the period, the province licensed 88 new FDI projects worth 648
million USD, bringing its total FDI projects to 2,174 with combined
investment of over 18.4 billion USD. It also saw 400 million USD added
to 88 existing projects.
This year, Binh Duong
province has seen more investment from large groups, not only operating
in industrial production but also real estate and services.
Several new outstanding projects are the Hoa Binh-Binh Duong VSIP
Complex with a total investment of 199 million USD and Japan-based
Panasonic Eco Solutions Vietnam Company’s 38 million USD electric
equipment project in the VSIP industrial park.
In order to lure more foreign investment in the coming time, the
locality continues to boost administrative procedure reform and enhance
investment promotion through consulates, trade offices and business
communities while improving quality of workforce and services and
ensuring security and social order and safety, especially in industrial
parks.
Besides, Binh Duong province
will also pay more attention to attracting new investment projects in
high-tech industries such as electricity, electronics, pharmaceutics and
precision mechanics as well as giving priority to developing support
industries for garment, footwear and woodwork and services such as
health, education and banking.-VNA