In the first month of the year, Nghe An attracted investment capital up 47.5%, reaching more than 3,200 billion VND.
The above investment capital mainly comes from projects with increased capital. This shows investors' confidence in the province's investment and business environment.
On the afternoon of February 5, Nghe An Provincial People's Committee held a regular meeting for January 2025. Comrade Le Hong Vinh - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee chaired and directed the meeting.
Co-chairs were: Bui Thanh An - Member of the Provincial Party Standing Committee, Vice Chairman of the Provincial People's Committee; Bui Dinh Long - Member of the Provincial Party Executive Committee, Vice Chairman of the Provincial People's Committee; Nguyen Van De - Member of the Provincial Party Executive Committee, Vice Chairman of the Provincial People's Committee.
Attending the working session were leaders of the Provincial National Assembly Delegation, the Standing Committee of the Provincial People's Council, and provincial departments, branches and sectors.
As of January 23, 2025, Nghe An has newly granted (approved investment policy/issued Investment Registration Certificate) for 1 project, with a total investment of 100.1 billion VND; adjusted for 12 projects, of which, adjusted capital for 3 projects, with a total investment increase of 3,123.4 billion VND, with large capital adjustment projects such as: Nghe An Waste-to-Energy Plant in Nghi Yen Commune, Nghi Loc District of Galax Joint Stock Company with a total investment increase of 2,928.8 billion VND; Export shoe and sandal processing factory in WHA Industrial Park of Cypress Vietnam Shoes Co., Ltd. increased by 7.8 million USD (equivalent to 189.5 billion VND).
Thus, the total newly granted and increased investment capital is 3,223.5 billion VND, an increase of 47.5% over the same period.
Previously, in 2024, the province granted new licenses to 88 projects, with a total registered investment capital of VND 43,919.7 billion; adjusted 188 projects, of which the total investment capital of 45 projects was adjusted, with a total investment capital increase of VND 22,962.6 billion.
The total newly granted and adjusted capital in 2024 is 66,882.3 billion VND, 1.15 times higher than the same period in 2023. Of which, FDI attraction reached nearly 1.75 billion USD, the highest ever, the third consecutive year in the top 10 of the country in FDI attraction.