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Province pulls in investors
The southern province of Binh Duong has started the year profitably, attracting more than US$120 million in foreign direct investment (FDI) in January alone.
Of the capital invested in the month, $116.5 million went to six new projects, while $4.2 million was for existing schemes.
Total foreign investment in the province has now reached more than $13.2 billion.
Binh Duong is stepping up construction of infrastructure in and around industrial zones and complexes, especially in wastewater treatment and drainage systems in a bid to reach this year's FDI target of $1 billion.
Provincial authorities are continuing to prioritise large-scale projects with an emphasis on advanced, environmentally friendly technologies.
In 2009, Binh Duong attracted nearly $2.5 billion in FDI, of which $1.7 billion went to Phu Long Hung housing project for low and middle-income earners.
vietnamnews
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