|
Hanoi grants licenses for 120 FDI projects
In the first half of this year, Hanoi granted licenses to 120 foreign direct investment (FDI) projects, including 110 new ones capitalised at US$500 million and 10 additional capital projects worth US$12 million, according to the municipal Department of Statistics.
New projects include the Vietnam Satellite and Digital Television Ltd Company (a joint venture between the Vietnam Cable TV Technology Centre and France) worth US$54 million, and a wastewater treatment plant by the Gamuda Land Group from Malaysia capitalised at US$382 million. However, the number of FDI projects and registered capital fell compared to last year due to impact of the global financial crisis.
In the review period, total social investment capital reached VND48,507 billion, up 14.2 percent over the same period last year, of which domestic capital increased by 16.87 percent and foreign capital fell by 8.37 percent. The city also granted business licenses to 9,350 enterprises (up 45 percent over the same period last year) with a combined capital of VND53,896 billion (down 34 percent.)
vov
|
