FDI capital has become the main driving force, contributing to promoting economic restructuring, increasing import-export value and sustainable development in Nghe An...
Nghe An, a locality with a low starting point, has now risen to become a bright spot in attracting FDI nationwide. According to the preliminary report on the implementation of Resolution No. 50 of the Politburo, from 2019 to present, the province has attracted 147 FDI projects with a total registered capital of nearly 4.9 billion USD, of which nearly 100 projects have officially come into operation. In the first 10 months of 2024, Nghe An has called for an additional 750 million USD in investment capital, laying the foundation for the goal of attracting over 10 billion USD in FDI by 2028.
The highlight of Nghe An's investment attraction picture is the remarkable growth rate in the past 3 years, helping the province rise to become one of the leading FDI attraction localities in the country. In the period of 2022-2023, the FDI capital that Nghe An called for exceeded the total capital of 13 provinces and cities in the North Central and Central Coast regions combined. The projects come from 14 countries and territories, with the participation of many large investors from Korea, China, Hong Kong (China), Japan, Thailand and Taiwan (China) ...
In addition to attracting capital, Nghe An has also made its mark by developing high-tech industrial projects. Currently, the province has attracted 108 projects in the industrial sector, including 31 projects in advanced technology manufacturing industries such as electronic components, auto parts, optical components, high-performance batteries, etc. These projects not only contribute to creating high added value but also optimize land use efficiency. In industrial parks and the Southeast Economic Zone, the average investment rate is about 205 billion VND/ha, employing an average of 299 workers/ha. Typical projects include Luxshare-ICT (140 million USD), Goertek (325 million USD), Runergy (440 million USD), and Everwin Precision (194.68 million USD)...
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| Nghe An is becoming a bright spot in attracting FDI capital. |
Along with investment capital, FDI enterprises have brought to Nghe An advanced technology, modern production lines and new business management models. This not only helps improve the competitiveness of domestic enterprises, but also creates opportunities for technology transfer and training of high-quality human resources in the locality.
In the period of 2019-2024, FDI projects contributed an average of 230-240 billion VND per year to the provincial budget, while boosting import-export turnover. The proportion of import-export from FDI enterprises is increasingly dominant, making an important contribution to the economic restructuring of the province towards modernization.
In order to maintain its attractiveness and create the best conditions for investors, Nghe An has been expanding 3 more large industrial parks with a total area of over 1,099 hectares, including Hoang Mai I, Hoang Mai II and Tho Loc Industrial Park Phase 1. VSIP Nghe An and WHA Industrial Zone 1 have also been filled, becoming symbols of Nghe An's industrialization development.
Not stopping at infrastructure development, Nghe An also creates a transparent and favorable investment environment with the motto "5 readiness": readiness in terms of land, infrastructure, human resources, policy mechanisms and support.
Provincial Party Secretary Nguyen Duc Trung affirmed: Nghe An is committed to innovation, reform and substantial improvement of the investment environment. We are ready to create the best conditions for investors through the on-site one-stop mechanism, a focal point for support throughout the project implementation process...
In the coming time, the province aims to attract high-tech, environmentally friendly projects that use less land and labor, while focusing on expanding industrial parks and investing in strategic infrastructure such as seaports, airports, and energy. Nghe An also encourages domestic enterprises to participate in the production chain of FDI enterprises, thereby promoting localization and technology transfer.
It can be said that attracting FDI capital has become the main driving force, contributing to promoting economic restructuring, increasing import-export value and sustainable development in Nghe An. With the right development strategy and comprehensive support from the government, Nghe An is affirming its position as a promising new investment center of the country.
Source: https://thoibaonganhang.vn/nghe-an-diem-sang-thu-hut-von-fdi-158131.html
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