Real estate sector ranks second in FDI attraction

VGP – Real estate was the second most attractive FDI sector after luring US$1.13 billion in the first seven months, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

July 30, 2014 1:26 PM GMT+7

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Industrial processing and manufacturing sector is still the magnet for foreign investment with 448 projects with the gross capital with US$6.66 billion. Of the figure, newly registered capital accounted for 69.9% of the total registered capital poured into Viet Nam.

Meanwhile, the construction sector attracted 69 projects worth US$1.13 billion, followed by the healthcare sector with nearly US$380 million.

According to economic experts, the domestic real estate market has charmed foreign investors, showing positive signs in the coming time.

In the reviewed period, Viet Nam lured nearly US$10 billion in foreign investment, said the Ministry of Planning and Investment./.

By Kim Loan