Positive FDI signs for Binh Duong
(VOV) - The southern province of Binh Duong has attracted an additional US$597.3 million in foreign direct investment (FDI), split between 36 new projects capitalized at US$388.7 million and 35 additional capital projects totaling US$190.6 million.
The results are particularly pleasing continuing international economic difficulties.
A number of business delegation and entrepreneurs from Japan and the Republic of Korea, as well as representatives from Japan’s Ministry of Economy, Trade and Industry (METI) - have toured the province in late February, investigating its investment environment.
Provincial People’s Committee Chairman, Le Thanh Cung, summarised Binh Duong’s socio-economic situation, its political security, and the industrial park and urban area technical infrastructure specifically completed to encourage investment.
The Chairman pledged to continue administrative reforms to help ease business access to state agencies such as the Industrial Park Management Board, the Department of Planning and Investment, the General Department of Taxation, the Department of Natural Resources and Environment, and the Department of Construction.
These agencies will consult with the province’s People’s Committee with the aim of removing hindrances and creating favourable conditions for business operations.