Attract 13 investment projects in the first quarter of 2024

Attract 13 investment projects in the first quarter of 2024
Attract 13 investment projects in the first quarter of 2024
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Secretary of the Provincial Party Committee Ho Quoc Dung (right), Chairman of the Provincial People’s Committee Pham Anh Tuan (left) presented a memorandum of cooperation to investors.

According to targets for each area, Tay Son district attracts the most projects with 5 projects, reaching 50% of the target set for 2024. Next, in the economic zone, industrial zones attract 4 projects, reaching 13.3% compared to the target set for 2024. Tuy Phuoc district 01 project, reaching 20%; Hoai Nhon district 3 projects, rate reaching 30%. The remaining localities have not yet attracted investment projects.

By sector, there are 8 projects in the Industry sector; 03 projects in the field of Agriculture; 01 project in the field of port services and logistics; 01 project in the field of construction and infrastructure. Also in the first quarter of 2024, the province adjusted 17 projects with an additional investment capital of 267.2 billion VND, and at the same time terminated 06 investment projects (investors requested to terminate themselves).

According to the Department of Planning and Investment, in the first quarter of 2024 there were many investment promotion activities such as organizing the province’s trade investment promotion delegation in Thailand and Japan; Coordinate with the Department of Foreign Affairs to welcome, work and provide information to introduce the investment environment of Binh Dinh province with Ambassadors of countries: United States, France, UAE in Vietnam, Consulate General of Japan in Da Nang , Champasak province delegation… However, it has not attracted many investors with strong financial potential with large-scale projects to bring in large revenues. Localities have not yet focused on attracting investment, especially localities that do not have new investment projects.

In addition, site clearance work in some localities such as Phu My, Van Canh, Quy Nhon… is still very slow, affecting the project investment situation of investors. such as: Vinatex My Chanh Garment Factory Project registered for investment by Vinatex Da Nang Joint Stock Company; Nhon Phu 2 social housing project of SOLRISE Nhon Phu Co., Ltd., Rattan imitation plastic furniture factory project of VIC Production – Trading – Import-Export Co., Ltd.; Warehousing, service, logistics project (KB-DV 04) and (KBDV 05) of Nong Trai Xanh Company Limited… It is known that in 2024, Binh Dinh sets a target to attract investment across the province in 2024. reached 100 projects.

The article is in Vietnamese

Vietnam

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