Hai Duong province attracted over 365 million USD in foreign direct investment (FDI) in the first four months of this year, up 26.2% year on year, according to local authorities.
A corner of Dai An industrial park in Hai Duong (Source: VNA)
The locality granted new investment licenses to 33 FDI projects with a total registered capital of 296.2 million USD, mainly in industrial parks (IPs). It also allowed 10 others to add 68.8 million USD in capital, including six in IPs.
In recent years, local authorities have devised many measures to lure more foreign investment, focusing on enhancing promotion activities, supporting, and facilitating existing projects.
The locality has built detailed planning of IPs and industrial clusters, while accelerating administrative reform and strictly monitoring investment activities, towards facilitating investors’ operation.
Attention has also been paid to diversifying and improving the quality of business support services, especially those to provide market and labour information, and advice related to legal and administrative procedures.
Secretary of the provincial Party Committee Nguyen Manh Hien has asked the local authorities at all levels to work closely to support enterprises through meetings, conferences.
Hai Duong is now home to 428 foreign-invested projects with a total investment of over 8 billion USD. Total disbursement of FDI project hits 4.8 billion USD. The FDI projects have created jobs for over 191,000 direct labourers.