FDI capital continues to 'dominate' investment in Nghe An

Nguyen Hai• October 22, 2019 16:34

(Baonghean.vn) - According to information from the Department of Planning and Investment, since the beginning of the year, Nghe An has granted new investment projects with a total registered capital of VND9,985 billion. FDI continues to lead in total investment capital in the province.

Of which, economic zones and industrial parks have only 21 projects but account for the majority of total investment with 7,229 billion VND, accounting for 72.4%. On the contrary, investment outside economic zones and industrial parks, although accounting for 75.29% of the number of projects (64 projects), has a total registered capital of 2,755.67 billion VND, accounting for 27.6% of the total registered capital.

The foreign investment sector (FDI) continues to lead in total investment capital in Nghe An with 9 newly licensed projects, worth 292.15 million USD, accounting for 67.29% of total investment.

Leading the way in attracting investment projects into economic zones and industrial parks is VSIP Hung Nguyen Industrial Park with 6 projects, total investment capital of 276.5 million USD and 101.5 billion VND. Next is Dong Nam Economic Zone with 4 projects, total capital of 215.6 billion VND; the rest are projects in Dong Hoi Industrial Park with 4 projects; Nam Cam Industrial Park with 3 projects; Bac Vinh, Nam Cam and Hemaraj Industrial Parks each have 1 additional project.

Một góc KCN Vship Hưng Nguyên, nơi thu hút 6 dự án đầu tư với tổng số vốn đăng ký trên 6.000 tỷ đồng. Ảnh: Nguyễn Hải

VSIP Nghe An Industrial Park attracts 6 investment projects with total registered capital of over 6,000 billion VND. Photo: Nguyen Hai

Determining that this is the year of Administrative Reform, Nghe An has many synchronous solutions for administrative reform and investment licensing. Along with approving the Project and implementing the establishment of the Public Administration Service Center, reorganizing the Provincial Investment Promotion and Support Center, the province has built and deployed an electronic interconnection system, put the Electronic Information Portal to support businesses in the province into operation; has a specific plan to assign directions to focal points to handle documents and procedures for investors right after the Investment Conference ends. Every month, the Department of Planning and Investment coordinates with the Provincial Investment Promotion and Support Center to review documents due for settlement to urge departments, branches, localities and report to the Provincial People's Committee to grasp and direct more timely.

Mr. Nguyen Huu Mao - Deputy Director of Nghe An Department of Planning and Investment

Domestic investment has 76 projects, equivalent to registered capital of 3,265 billion VND, accounting for 32.71% of total investment, with 5 projects adjusting capital increase by 668.07 billion VND.

Tranh thủ điều kiện thời tiết tốt, nhà đầu tư đẩy nhanh tiến độ san lấp mặt bằng hạ tầng tại KCN WHA Nghi Lộc. Mặc dù chưa hoàn thành cơ sở hạ tầng nhưng đã có 4 nhà đầu tư thứ cấp ký Hợp đồng thuê đất để làm nhà xưởng. Ảnh: Nguyễn Hải

Although the infrastructure has not been completed, 4 secondary investors have signed land lease contracts to build factories at WHA Nghi Loc Industrial Park. Photo: Nguyen Hai

In the first 10 months of 2019, the province received 300 non-budget investment dossiers (including 41 dossiers carried over from 2018). As of October 15, the province has processed and returned results for 186 dossiers and 114 dossiers are still being urged and processed.