Hanoi attracts US$30 million in investment in Q1

Industrial zones (IZs) in Hanoi attracted US$30 million in the first three months of this year, 2.5 times higher than the same period last year.

The IZ management board has granted investment licences to 8 new projects, including three from foreigners and 5 domestic businesses, and approved 4 additional capital projects.

This year, Hanoi aims to lure around US$180-200 million in investment capital and US$300 million for IZ infrastructure development.

Hanoi currently has 17 IZs and Hi-tech Parks, covering nearly 3,500ha, 8 of which have been put into operation. The management board has step up investment promotion and advertised IZs’ potential to attract more major domestic and foreign investors.

VietNamNet, VOV

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