At the end of the second quarter, the Ministry of Planning and Investment had issued 23 licenses to businesses in the Central Highland province of Gia Lai for overseas investments.
|Gia Lai businesses granted 23 overseas investment licences |
Of the figure, 12 investment licenses were for Cambodia with a total registered capital of US$702 million and 11 for Laos with a combined registered capital of US$559 million.
These projects are mainly investments in rubber plantations and processing and iron ore exploitation.
Vietnamese investors have so far implemented US$421 million of their planned investments in Cambodia (reaching 59.9 pc) and US$374 million in Laos (66.9 pc).