More than 3,600 billion VND invested in Nghe An in the first 4 months of the year

Thanh Duy April 25, 2020 06:58

(Baonghean.vn) - Newly licensed investment projects mainly come from domestic enterprises. The service sector also attracts the most new investors with 13 projects "pouring" more than 1,203 billion VND into Nghe An, accounting for 68.42% in terms of number of projects and 71.83% in terms of total investment.

In the first 4 months of 2019 (up to April 17, 2020), the province has newly granted (approved investment policy/issued investment certificates) to 19 projects, with a total registered investment capital of VND 1,675 billion; adjusted 18 projects, of which 5 projects adjusted total investment capital (increased VND 1,999.13 billion).

VSIP Industrial Park in Nghe An. Photo: Thanh Duy

Of which, classified by location, investment outside economic zones and industrial parks has 15 projects/971.81 billion VND (accounting for 78.95% of the number of projects and 58.02% of the total investment) newly granted and 10 projects adjusted/adjusted capital increased by 112.62 billion VND.

Investment in economic zones and industrial parks was newly granted for 4 projects/ 703.2 billion VND (accounting for 21.05% of the number of projects and 41.98% of the total investment); 8 projects were adjusted/ adjusted capital increased by 1,886.51 billion VND.

Classified by investment form, the province has newly granted 18 projects/VND 1,491 billion (accounting for 94.74% of the number of projects and 89.01% of the total investment) to domestic investors. Foreign direct investment (FDI) has 1 newly granted project with a capital of USD 8 million (accounting for 5.26% of the number of projects and 10.99% of the total investment).

Classification by investment sector: The industrial and construction sector attracted 4 projects/VND208.06 billion (accounting for 21.05% of the number of projects and 12.42% of the total investment). The service sector attracted 13 projects/VND1,203.18 billion (accounting for 68.42% of the number of projects and 71.83% of the total investment). The agricultural sector attracted 2 projects/VND263.77 billion (accounting for 10.53% of the number of projects and 15.75% of the total investment).

The authorities have also reviewed the investment policy documents of outstanding and stuck non-budget projects. The province has focused on reviewing slow-progressing projects; since the beginning of the year, it has terminated operations for 6 projects with a total land area of ​​163.31 hectares, bringing the total number of revoked projects to date to 174.

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More than 3,600 billion VND invested in Nghe An in the first 4 months of the year
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