Chairman of the Binh Duong People’s Committee Tran Thanh Liem said the improvement and transparency in the province’s investment climate helped increase investors’ trust and strengthen their long-term investment commitment.
Binh Duong Province is Viet Nam’s second biggest magnet for foreign investment after HCM City. The province has attracted $435 million worth of foreign capital in the first two months, including 31 newly-granted investment certificates with total registered capital of $233 million, an additional capital of $141.5 million for 13 existing projects, and nearly $60 million capital contributed by foreign investors.
The manufacturing and processing industries are ranked first in the list of investment attraction with total capital of US$ 274 million.
The Netherlands is the biggest investor of Binh Duong with total capital of US$ 135.8 million, and the Republic of Korea and Taiwan are the second and third biggest investors in the province respectively.
The People’s Committee of Binh Duong signed a memorandum of understand (MOU) about cooperation to organize the World Technopolis Association (WTA) and a contract for rent to expand the Bau Bang Industrial Park.
By Vien Nhu