Binh Dinh expects to attract 514 million USD of investment in 2017
The south central province of Binh Dinh expects to attract 47 investment projects in 2017 with a total capital of 514 million USD, including seven foreign-invested ones worth 70 million USD.
Binh Dinh (VNA) –The south central province of Binh Dinh expects to attract 47 investmentprojects in 2017 with a total capital of 514 million USD, including sevenforeign-invested ones worth 70 million USD, said a provincial official.
Huynh Thi Thanh Thuy, Vice Directorof the provincial Department of Planning and Investment , said that in order tocreate optimal conditions for investors, the province has sped up constructionof infrastructure at the Nhon Hoi Economic Zone and other industrial parks andclusters as well as at seaport and transport projects.
The Department of Planning andInvestment has coordinated with the provincial Economic Zone Management Boardto provide the Government and province’s updated policies related to investmentpromotion and attraction for investors, especially those from Japan, theRepublic of Korea and the US.
The department has also asked topay more attention to big investors and those using advanced andenvironmental-friendly technologies, said Thuy.
According to Ho Quoc Dung,Chairman of the Binh Dinh People’s Committee, it is necessary for the provinceto change methods of calling investment by focusing on potential foreign anddomestic investors.
Last year, Binh Dinh lured 40projects with a total investment of 9.7 trillion VND (431 million USD), up 857billion VND over the figure in 2015.
So far, the province hasattracted 63 foreign-invested projects worth 738 million USD, including 10projects worth 84.58 million USD in 2016.-VNA
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Illustrative photo (Photo: VNA) 
