In 2018, Hai Phong attracted more than 2.5 billion USD of FDI capital, exceeding 100% of the year's plan and 2.7 times more than in 2017. Meanwhile, Hai Phong [...]
In 2018, Hai Phong attracted more than 2.5 billion USD of FDI capital, exceeding 100% of the year's plan and 2.7 times higher than in 2017. Meanwhile, Hai Duong attracted 605.1 million USD, an increase of 53.8% compared to 2017.
Year 2018, City. Hai Phong attracted 104 new level projects from 12 countries and territories with investment capital reaching 644.664 million USD, an increase of 3 times compared to the same period last year; adjusted to increase capital of 45 projects, with 1.859 billion USD. Projects are still mainly in the processing and manufacturing industry, with 149 projects and investment capital of 2.504 billion USD.
Deep C Industrial Park is the destination of many investment projects in Hai Phong.
Recently, Ren A Port Group (Belgium) invested more than 150 million USD to build Deep C3 Industrial Park on Cat Hai Island and has just put Deep C2 Industrial Park into operation with a total investment of 141 million USD... By the end of 2018, Hai Phong had 612 valid projects, with a total investment capital of 16.891 billion USD.
Mr. Pham Van Moi, Head of the Management Board of Hai Phong Economic Zone, said that Hai Phong has applied many preferential policies for foreign investors in the area (preferential mechanisms for exemption and reduction of corporate income tax and personal income tax for coastal economic zones), so it has attracted good investment. In addition, Hai Phong has focused on speeding up the implementation of infrastructure projects in Dinh Vu - Cat Hai Economic Zone, Trang Due Industrial Park, Dinh Vu Industrial Park, and intensive support industrial parks for Japanese and Korean investors.
2018 was also a successful year for Hai Duong province when attracting foreign investment reached 605.1 million USD, an increase of 53.8% compared to 2017. Of which, 43 new projects were granted with registered capital of 235.7 million USD. Adjusted to increase investment capital for 48 projects with an additional capital of 369.4 million USD (an increase of 37.1% in the number of projects and a 2.5-fold increase in the amount of additional capital over the same period). Some projects have good capital such as BW Industrial Development Project (42.3 million USD), Waste treatment and electricity generation project (45 million USD); Aluminum wire production project for use in the automobile manufacturing industry (28 million USD), Paper products factory project of Leo Paper Bags Manufacturing Company (1982) Limited of Hong Kong ($40 million)…
Increased investment capital is concentrated in projects of Korean investors with 150 million USD, accounting for 47%, Hong Kong 60.4 million USD, accounting for 18.9%, the remaining are projects from England, Japan... The number of projects with large capital increases such as Kefico Company Limited (an increase of 120 million USD), Messer Hai Phong Industrial Gas Company Limited Branch (an increase of 22.8 million USD) USD), Tinh Loi Garment Project (increased by 49.2 million USD)... By the end of 2018, there were 395 foreign investment projects in Hai Duong province, with a total capital of 7,672.1 billion USD.
In 2018, there were 12 countries and territories with investment projects in Hai Duong province. In general, investors who come to learn and invest still focus mainly on some familiar investors such as British Virgin Islands, Korea, Japan, China, Singapore...
Among the projects granted in 2018, British Virgin Islands investors have the most investment capital, accounting for 23.5% of total new investment capital; Korea ranks second in capital, accounting for 16.2% of total newly granted capital and ranks first in the number of newly granted projects, accounting for 33.3%. The investment field of new projects mainly focuses on industry (accounting for 80.7%, with some industries such as garments, toy assembly, component assembly, plastic product manufacturing, and waste treatment); services (accounting for 19.2%); agriculture (accounting for 0.1%).
Mr. Nguyen Dinh Kiem, Director of Hai Duong Department of Finance, said that the province will prioritize attracting investment from large economies with potential in capital and technology. Prioritize attracting investment projects in the field of plant and seed production using biotechnology, agricultural product preservation and processing, clean technology, and supporting industries; automobile assembly, steel structures, electronic equipment, refrigeration, information and telecommunications equipment, logistics, tourism, finance...
Of the total 644.66 million USD of FDI capital that Hai Phong attracted in 2018, 375.32 million USD was invested in the processing and manufacturing industry, accounting for 58.22% of the total registered FDI capital.
The wholesale and retail sector ranked second, with total investment capital accounting for 31.11% of total registered FDI capital. The remaining fields only account for 10.67% of registered FDI capital with investment capital of about 69 million USD.
By the end of 2018, there were 12 countries and territories with investment projects in Hai Phong, of which Japan led with a total registered capital of 205.31 million USD, accounting for 31.85% of total investment capital; Korea ranked second, with 174.19 million USD, accounting for 27.02% of total investment capital...
(Source: baodautu.vn)
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