November 19, 2023 | 14:00 GMT+7

Hai Duong IPs attract $890mln in FDI

Trương Quốc Cường -

Northern province grants licenses to 45 new FDI projects so far this year.

One of Hai Duong province’s industrial parks.
One of Hai Duong province’s industrial parks.

Industrial parks (IPs) in northern Hai Duong province had attracted FDI of $889.16 million this year as of November 12, exceeding the annual target by nearly 4.5-fold.

The province’s Management Board of IPs granted investment certificates to 45 FDI projects with total investment capital of $771.39 million in the period. Twenty-six existing FDI projects, meanwhile, added capital totaling $117.77 million.

New FDI projects were primarily in manufacturing and processing and electricity and electronics, with most investors coming from Hong Kong (China), Singapore, South Korea, China, and Taiwan (China).

Hong Kong (China) is the biggest FDI investor in the province, accounting for 40 per cent of total registered investment capital, followed by Japan, South Korea, and Taiwan (China).

Local IPs have so far attracted 278 FDI projects from 23 countries and territories with total registered investment capital of $5.87 billion.

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