Central provinces win new FDI projects

(VOV) -Vietnam’s central provinces have so far attracted 850 foreign direct investment (FDI) projects capitalised at a total approaching US$25.5 billion.

They lured 66 new FDI projects this year alone, bringing additional registered capital worth US$1.5 billion. Binh Dinh Province’s Bus Industrial Centre Co., Ltd project boasts US$1 billion from Russian investors.

Trinh Minh Van, a Ministry of Planning and Investment official, regards 2013 as a positive year for central provinces’ FDI attraction. Some of the year’s highlights include added capital for Vung Ro Oil Refinery, a Thai group’s feasibility study for a mega oil refinery, and Quang Ngai’s Vietnam-Singapore Industrial Zone (VSIP).

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