Authorities in north-central Nghe An province have granted an investment certificate to the Singapore-based Soilbuild Group Holdings Pte to build factories and offices at the WHA Industrial Park 1 - Nghe An.

Total investment is estimated at $45 million.

There are now 124 FDI projects in Nghe An with total registered investment capital of $3.3 billion.

Seven projects are from Singaporean investors with total committed investment of over $486.4 million, primarily in garments and textiles and the production of electronic components and telecommunications products.

In the first eight months of this year, Nghe An granted investment licenses to 79 new projects with total investment of over VND26.1 trillion ($1.08 billion), a year-on-year increase of 2.6 per cent in number and 1.4-fold in value.