FDI inflows in Hanoi-based industrial zones keeps rising

Although the economy is facing many difficulties, Foreign direct investment (FDI) capital flowing into Hanoi-based industrial zones since early this year so far has still increased significantly.

Recently, there have been 11 newly-licensed projects in industrial zones, including nine FDI projects with total registered capital of $112.4 million, two domestic investment projects worth 53 billion dong registered capital, 17 ongoing projects registered to increase investment capital to expand production scale with total $153.4 million and 57.7 billion dong.

The total registered capital reached $271 million, up 3.8 times over the same period in 2011 and equalling to 108 percent of 2012′s plan.

Turnover from enterprises in industrial zones in Hanoi reached over $2.199 billion, up 12.4 percent on year, and tax payment reached more than $46 million, up 11.9 percent against the same period in 2011.

According to the management boards of industrial zones, the state management of industrial parks in Hanoi played an important role in supporting businesses to overcome difficulties and stabilise production.

In the future, the management board is going to enhance promotion and prepare infrastructure to attract more investments. They also would improve the quality of state management as well as solve difficulties, provide more services to enterprises to complete socio-economic targets in 2012 and strive to draw about $300 million investment capital in 2012, up 20 percent over the target set earlier.

 

Category: Economy