Quang Ninh province to attract 7 FDI projects in March

March 15, 2024 | 17:00

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The northern coastal province of Quang Ninh expects to receive an additional seven foreign direct investment (FDI) projects from the US, China and Taiwan (China) in March.

Quang Ninh province to attract 7 FDI projects in March | Business | Vietnam+ (VietnamPlus)

Quang Ninh province to attract 7 FDI projects in March, Illustrative image (Photo: baoquangninh.vn)

Quang Ninh – The northern coastal province of Quang Ninh expects to receive an additional seven foreign direct investment (FDI) projects from the US, China and Taiwan (China) in March.

The province aims to attract 3 billion USD worth of FDI this year.

According to Chairman the provincial People’s Committee Cao Tuong Huy, Quang Ninh prioritises attracting investment from multinational conglomerates and projects in key sectors.

The official affirmed that the province always pays attention to protecting the legitimate rights of investors and business, ensuring the harmony of interests between the State, investors, workers and local residents.

Quang Ninh has so far this year logged eight FDI projects valued at 478 million USD, ranking second in terms of FDI attraction among localities in the country. Notably, a project on building a photovoltaic cell technology complex invested by Gokin Solar of Hong Kong (China) has the highest capital investment, amounting to 274.8 million USD.

The province is home to nearly 200 foreign-invested businesses from 20 countries and territories with a total capital of nearly 14 billion USD.

Quang Ninh attracts additional $332 million in foreign investment capital

Quang Ninh Industrial Zones Management Authority granted investment certificates for two projects on February 22, valued at a combined $332 million.

IKO Thompson to build a $57 million factory in Quang Ninh

IKO Thompson Vietnam signed a land lease agreement with Amata City Ha Long on March 11 to build its factory across three hectares of Song Khoai Industrial Park (IP) in the northern province of Quang Ninh

By VNA

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