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Quang Ninh attracts US$ 47 mln in FDI in 6 months

7/12/2017 4:10:00 PM

QNP - Quang Ninh is currently home to 58 foreign direct investment (FDI) projects worth nearly US$ 2.3 billion, reported the Department of Investment and Planning.


The Texhong Hai Ha industrial zone

In the first six months, there were 02 projects receiving new licenses and 06 ones modifying  registered business contents. The total number of new and added capital was over US$ 47 million.

Notably, Texhong Vietnam invested more than $20 million in supporting infrastructure and water supply for the Texhong Hai Ha industrial zone in the province. The province’s authorities later will submit their investment policies for the Prime Minister’s approval.

In the meanwhile, foreign investors will be provided with active support to complete investment procedures of major projects such as infrastructure development in the Song Khoai industrial zone and the Hon Gai ecological & resort tourism project in Van Don District.

Additionally, the province has already worked with Texhong Vietnam to devise a feasibility study for the Hai Ha thermal power plant in the Hai Ha industrial zone, Hai Ha district. The plant with capacity of 2,100 MW is expected to cost over $3 billion.

Quang Ninh ranked 2nd  in Viet Nam's annual Provincial Competitiveness Index (PCI) in 2016 with 65.6 points. The business community had pointed out improvement in the province's five sub-indexes such as business support index, labor training index, legal institution index, market entering index, and time duration. This resulted from the province's hard and constant efforts to improve the business environment and increase competitive capacities./.

Translated by Phuong Loan