Thursday, 30/12/2010 17:37

US$11 billion in FDI disbursed

Over the past 12 months, foreign-invested projects have disbursed US$11 billion, up 10 percent compared to the same period last year, said Do Nhat Hoang, Head of the Foreign Investment Department under the Ministry of Planning and Investment.

This year, the foreign-invested sector’s exports (Including oil and gas) are estimated to reach US$38.8 billion, up by 27.8 percent, making up 53.1 percent of the country’s total exports. 

Excluding crude oil, the sector’s exports are expected to reach US$33.9 billion, making up 46 percent of total exports, up by 40.1 percent against the same period last year.

The foreign-invested sector’s imports reached US$36.5 billion, up 39.9 percent and accounting for 42.8 percent of the country’s total imports.

This year, while the country’s total import surplus reached US$12.375 billion, the sector saw export surplus of US$2.35 billion.

Over the past 12 months, foreign investors have registered capital of US$18.59 billion, which is 82.2 percent against the last year’s figure.

Real estate sector takes lead with a project capitalised at US$4 billion, followed by the processing industry, and manufacturing, electricity and water distribution with six projects capitalised at US$2.95 billion.

Quang Nam is the locality which has attracted most foreign investment this year with total capital of US$4.2 billion, followed by Ba Ria Vung Tau, Quang Ninh, HCM City, and Nghe An.

As of the end of December, the country has 12.213 valid projects with total registered capital of US$192.9 billion.

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