HCM City earns US$2 billion FDI

Source: Pano feed

(VOV) – HCM City attracted 477 new foreign direct investment (FDI) projects in 2013 with total investment capital of US$1.05 billion, up 9.4% in the number of projects and 76.72% in capital compared to the previous year.



The municipal Department of Planning and Investment reports it also granted licences for 139 old projects with expanded capital of US$1.03 billion, up 16.81% and 33.13%, respectively.


Thus, the city lured US$2.08 billion FDI capital, demonstrating an annual increase of 51.98%.


hcm-city-earns-us2-billion-fdi-1368562-fdi


In addition to old and new projects, 67 projects valued at US$436.78 million were moved to other localities or shut down and 20 others worth US$21.42 million temporarily ceased operation.


The city has 4,924 FDI projects so far with total registered capital of US$33.5 billion.


Singapore ranks first among foreign investors in the city, followed by Malaysia and the Republic of Korea.





Đăng ký: VietNam News

Related Posts