Nghe An has 75 foreign direct investment projects.

(Baonghean.vn) - Up to now, Nghe An has attracted 75 FDI ​​projects, of which 58 are still valid with a total registered capital of 1,637.76 million USD.

FDI projects in the province in recent times have mainly been in the fields of garment export, electronic component production, processing industry, mechanics, and manufacturing. These are labor-intensive fields, thus helping to solve the problem of a large number of unskilled workers on the spot.

In the early stages of the 2011-2015 period, FDI attraction was low. However, in 2015, the number of projects increased to 13. Along with that, the registered FDI capital licensed in 2015 increased sharply to 168.46 million USD.

In the period 2011-2015, the province's FDI investment projects focused mainly on the fields of processing, manufacturing, and mechanical industries (17 projects/154.4 million USD in registered capital, accounting for 54.84% of the number of projects and 51.98% of the registered capital). Next was the textile and garment industry (6 projects/40.17 million USD in registered capital, accounting for 19.35% of the number of projects and 13.52% of the registered capital); Services, trade, and other fields (5 projects/24.53 million USD in registered capital, accounting for 16.13% of the number of projects and 8.26% of the registered capital).

Agriculture, forestry and fishery (2 projects/1.56 million USD registered capital, accounting for 6.45% of the number of projects and 0.53% of the registered capital). Projects in the field of construction and infrastructure development, although the number of projects is small, the total registered capital is relatively high, 1 project/76.4 million USD registered capital (3.23% of the number of projects and 25.72% of the registered capital).

Electronics manufacturing at BSE processing plant

South Korea is the leading country in terms of number of projects (11/31 projects) and Singapore is the leading country in terms of registered capital (76.4/297.06 million USD).

The province's FDI enterprises have a total annual export turnover of over 300 million USD, accounting for an average of 20% of the province's total export turnover.

However, there are also some unfeasible FDI projects. Statistics from the People's Committee of Nghe An province show that 17 projects have ceased operations.

Percentage of projects registered by countries in Nghe An

Chau Lan - Nghiem Vien