The central province of Thua Thien Hue has granted investment
licences to eight foreign direct investment (FDI) projects worth over 50
million USD since the beginning of this year.
The
newly registered projects include a 25 million USD shrimp breeding
facility and a 5 million USD project to build infrastructure for Tu Ha
industrial park.
Authorities plan to pour over 22
billion VND (1.03 million USD) to build infrastructure at local
industrial parks and support construction firms in ground clearance,
mine removal, and building waste treatment plants.
As of September, local FDI businesses grossed 495 million USD in
revenue, contributing 1.3 trillion VND (around 68 million USD) to the
State budget, up 7.5 percent over the previous year.
Thua Thien-Hue is now home to 79 FDI projects with a total registered capital of 2.2 billion USD.-VNA