Nghe An: More than 60% of investment projects are in the service sector

(Baonghean.vn) - In 2017, the investment attraction sector in Nghe An shifted towards increasing the proportion of the service sector, accounting for 62% of the number of projects..

In 2017, the province granted new (approved investment policy/issued investment registration certificates) projects to 158 with a total registered investment capital of 14,926 billion VND. Adjusted 14 projects with an increased adjusted capital of more than 303 billion VND. Total newly granted and adjusted capital was 15,229 billion VND. Registered investment capital/01 project was 96.38 billion VND.

The investment attraction sector in Nghe An has shifted towards increasing the proportion in the service sector, with 98 projects, total registered capital of VND 3,720.12 billion, accounting for 62.02% in terms of number of projects and 24.43% in terms of total investment capital.

FLC Group surveys investment in Nghi Tien commune, Nghi Loc. Photo: Viet Phuong

In addition, the industrial production sector has 43 projects/9,012.19 billion VND (accounting for 27.22% in terms of number of projects and 63.95% in terms of total investment capital); The socialized sector also attracted 10 projects/641.18 billion VND.

Some major projects were newly licensed in the first 11 months of 2017: WHA Hemaraj Industrial Park Investment Project (VND2,056 billion); MDF fiberboard manufacturing factory (VND1,754 billion); Cau Cau mixed-use tourism, service and resort area (VND1,532 billion); Container manufacturing factory of TKV Group Corporation (VND549 billion); Nghi Yen waste treatment project of Jet Japan Corporation (VND600 billion)...

Most of the licensed projects are currently carrying out investment procedures. Some projects that attracted investment in previous years have progressed quite quickly, such as Song Lam Cement Project, Masan Pig Farm, Vinpearl Cua Hoi, projects of Mavin Group, Hoa Sen, etc.

However, according to the assessment, this year the number of projects attracted increased by 35 projects compared to the same period in 2016, however the registered investment capital decreased by more than half. The number of large-scale, breakthrough projects in 2017 was not much, mainly small-scale projects, concentrated in some fields such as mining, mineral processing, construction materials...

Viet Phuong