RoK enterprises keen on investing in Binh Duong

November 01, 2014 | 11:05

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A delegation of enterprises from Gimpo city, the Republic of Korea (RoK), has expressed pleasure with business environment in the southern province of Binh Duong, saying they wish to invest in this locality.

Binh Duong is now home to 487 RoK investment projects worth 1.9 billion USD
(Illustrative image. Source: VNA

Mayor of Gimpo city in Gyeonggi province Yoo Young Rok, who headed the delegation, told officials of the Binh Duong provincial People’s Committee on October 30 that his visit is to promote investment cooperation and exchange of goods between the two localities.

Gimpo is one of the RoK’s industrial and tourism hubs and has attracted 1,700 Vietnamese workers, he said, adding that its close proximity to the sea will facilitate trade with Vietnam and other countries in the region.

Two localities’ strengths and advantages will make room to boost cooperation and investment in various fields, he stressed.

To attract more foreign investment, Binh Duong province has improved comprehensive infrastructure and created favourable conditions for foreign enterprises.

Binh Duong is now home to 487 RoK investment projects worth 1.9 billion USD.

As many as 2,344 foreign direct investment projects with a total investment of over 20 billion USD are running in Binh Duong. In October alone, the province attracted 1.43 billion USD in foreign direct investment.