In the three – year period (2011-2013), Quang Ngai province licensed totally 68 projects worth over VND 20.7 trillion (over US$ 959.5 million), a source from Quang Ngai provincial people’s committee said.
Of which, 54 projects were invested by nationals and 14 others were directly capitalized by foreigners with amount of over US$ 276 million.
However, the provincial government also revoked 26 projects in the time, including 3 FDI projects because investors failed to develop their projects as signed, causing serious delays.
In the five-year plan (2011-2015), Quang Ngai expects to grant investment certifications to 100 national projects and 21 FDI projects that will bring the total projects in the province up to 310 and the investment capital up to over VND 191.3 trillion.
The FDI projects will also increase by 35 with registered investment of over US$ 4.2 billion.
The source also revealed that Quang Ngai has been seeing the decline of domestic investors. The percentage of national investors in the period of 2011-2015 was 55% of the last five-year period’s result.
However, there has been a remarked increase in the disbursed capital in the time, about VND 17 trillion and a growth of 17 percent compared to the last five year’s disbursement.
It is explained that several large-scale multi-trillion VND projects have been put into construction, although they were licensed in last five-year period, i.e Darkrink Hydropower plant (VND 5 trillion), An Phu Sinh Township (VND 300 billion), and some projects in Dung Quat Economic Zone and Provincial Industrial Zones worth over VND 1 trillion.
Minh Chau
Đăng ký: VietNam News
