Bà Rịa–Vũng Tàu licenses half of investment projects in the year-plan

VGP – In the early day of the Lunar New Year of Tiger, the southern province of Bà Rịa- Vũng Tàu has licensed 15 out of 39 investment projects which will be carried out there in 2010.

February 22, 2010 7:08 PM GMT+7

Bà Rịa-Vũng Tàu province has great tourism potential – Illustration photo

On February 22, the provincial government granted certificates to ten investors who pour US $922.5 million and VND 6,178 billion into two FDI and eight domestic investment projects respectively.

In addition, other five projects, including three FDI (US $2.4 million in total) and two domestic ones (VND 57.7 billion) have been licensed in the early spring days.

At the granting ceremony, representatives of the Bà Rịa-Vũng Tàu People’s Committee revealed that, the province plans to lure 39 investment projects in 2010, including 20 FDI ones worth of nearly US $2 billion.

By late 2009, Bà Rịa-Vũng Tàu attracted 260 FDI projects and 322 domestic ones, with the total registered capital of US $25.2 billion and VND 123 trillion respectively.

By Xuân Hồng