The northern province of Hai Duong lured 98.6 million USD in
foreign direct investment (FDI) in the first six months of this year,
according to the provincial Department of Planning and Investment.

In the reviewed period, 10 FDI projects worth of over 47.4 million USD
were granted new licences. Meanwhile, eight existing projects received
additional capital of 51.2 million USD.

The province targets to attract 150 million USD in 2013.

Over the past six months, Hai Duong has revoked one investment licence and canceled one project.

From now to the end of this year, the province will continue
reviewing some other projects which are still on paper or behind
schedule to revoke their investment licences and transfer land fund to
other projects.

Hai Duong, located in the Red River Delta,
about 60 km from Hanoi on the way to Hai Phong city, is among the most
industrialised and developed localities nationwide and a favourite
destination of foreign investors.-VNA