According to a report presented by Nghe An Provincial People’s Committee Chairman Nguyen Duc Trung to a recent conference on cooperation between the three north-central provinces of Thanh Hoa, Nghe An, and Ha Tinh, Nghe An has attracted 133 FDI projects from 14 countries and territories with total registered capital of more than $4 billion.
In the five-year period since 2019, registered FDI capital in the province stood at some $3.4 billion, accounting for 85 per cent of the total.
In 2022 and 2023, the province received nearly $1 billion and $1.5 billion, respectively, ranking it among top 10 most attractive cities and provinces for FDI during the two-year period.
Luxshare - ICT, Goertek, Everwin, Ju Teng, Foxconn, Runergy, Shangdong, and Sunny, among others, have invested in the north-central province.
It has issued many incentive mechanisms and policies and improved its infrastructure and investment environment to attract foreign investors.
Its plan for the development of eleven industrial parks has been approved by the Prime Minister.
Under its master plan for development in the 2021-2030 period and vision to 2050, which has also been given the green light by the Prime Minister, the Southeast Economic Zone will be expanded from 20,000 to 100,000 ha, the Cua Lo Deepwater Seaport will receive additional investment, and Vinh International Airport will be upgraded.
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