Five billion US dollar Projects to Help Attract FDI in 2017 Set a Record

Five billion US dollar Projects to Help Attract FDI in 2017 Set a Record

With the huge contribution of 5 billion US dollar projects, 2017 becomes the record year for attracting foreign investment of Vietnam.

Year of the records

Investment in Vietnam - Mr Do Nhat Hoang, Director of the Foreign Investment Department (the Ministry of Planning and Investment), said that in 2017, foreign investment capital into Vietnam reached its highest level in 10 years. "Capital disbursement has reached the highest level ever," said Hoang.

There are five billion US dolar projects have been granted investment certificates this year. These are three BOT power projects, including the Nghi Son 2 BOT Thermal Power Plant, total investment capital of US$ 2.79 billion, invested by Japanese investors in Thanh Hoa province with the scale of 1,200 MW; The Van Phong 1 BOT Thermal Power Plant project, total registered capital of US$ 2.58 billion invested by Japanese investors in Khanh Hoa with a capacity of 1,320 MW and Project on Nam Dinh 1 BOT Thermal Power Plant, total registered investment capital of US$ 2.07 billion, invested by Singaporean investors in Thai Binh, with a net capacity of 1,109.4 MW.

In addition, there is the Samsung Display project to raise capital of US$ 2.5 billion in Bac Ninh and the Block B - O Mon gas pipeline project, which invested US$ 1.27 billion in Kien Giang. Besides, intelligent complex project in functional area 2A in Thu Thiem new urban area has registered capital of US$ 885.85 million in Ho Chi Minh City.

Only US$ 5 billion and large scale projects in Ho Chi Minh City contributed over US$ 12 billion, accounting for over 40% of total FDI registered in Vietnam in 2017.

/baodautu.vn/

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