The Southeast economy has attracted 53 FDI projects, with a total capital equivalent to 2.3 billion USD, the most brilliant period in attracting FDI investment ever in Nghe An."/>
Nghe An attracts FDI, stimulates the development of commercial housing market
According to the report, by November 2024, Nghe An province had 147 FDI projects with a registered capital of 4.873 billion USD. In the 3-year period from 2021 to present, the Southeast Economic Zone has attracted 53 FDI projects, with a total capital equivalent to 2.3 billion USD, the most brilliant period in attracting FDI investment ever in Nghe An. This has contributed to strongly promoting the demand for commercial housing in the province.
Nghe An's golden period of FDI attraction
According to the report, by November 2024, Nghe An province had 147 FDI projects with a registered capital of 4.873 billion USD. In the 3-year period from 2021 to present, the Southeast Economic Zone has attracted 53 FDI projects with a total capital equivalent to 2.3 billion USD, the most brilliant period in attracting FDI investment in Nghe An so far.
A notable success is that among FDI investors in Nghe An, there are many large enterprises with international brands such as Foxconn, Goertek, Everwin, JuTeng, Luxshare ICT... These are strong brands, with great prestige and effective production and business activities, environmentally friendly, strictly complying with international law and the laws of the host country.
With the presence of large corporations and large investment capital, Nghe An is in the top 10 in attracting FDI in 2022 and 2023. Of which, the top 6 technology giants Foxconn, Luxshare, Goertek, Everwin and Juteng, Sunny Group have "poured" more than 1.5 billion USD into the province, expected to create more than 86,000 jobs. These figures show that Nghe An has become a "bright spot" in attracting FDI capital nationwide.
Along with FDI capital, Nghe An has established 3 new industrial parks with a total area of 1,099.56 hectares including: Hoang Mai I Industrial Park, Tho Loc Industrial Park Phase 1 with a scale of 500 hectares and Hoang Mai II Industrial Park with a scale of 334.79 hectares. In addition, VSIP Industrial Park, WHA Nghe An I continues to be filled.
Commercial real estate market benefits and develops
The strong breakthrough of FDI capital in Nghe An has paved the way for real estate projects to develop here. In the first 11 months of 2024, Nghe An province has had many newly licensed large projects. These include real estate projects such as Nghi Lien Urban Area with a total investment of more than 6,290 billion VND, Con Bau Urban and Trade Service Area, Nam Dan town, with a total investment of more than 2,000 billion VND, etc.
Currently, Nghe An is also calling for investment in many projects with investment capital up to hundreds of billions, thousands of billions of VND and located in socio-economic development centers in Vinh City, Cua Lo Town, Hoang Mai Town such as: Nghi Lien urban area in Nghi Lien commune, Vinh City with a scale of more than 100 hectares; Residential area in Nghi Huong ward, Cua Lo Town with a scale of more than 9 hectares... Previously, in 2023, Nghe An was one of the localities actively calling for investment in real estate projects in the province with a total project area of 61.3 hectares, total investment capital of 3,733 billion VND.
Many real estate giants are also considering Nghe An as a potential new land after Hanoi and Ho Chi Minh City, including the founder of Ecopark, who has joined in with the super project Eco Central Park with a scale of nearly 200 hectares. This is considered the largest project in Vinh city - Nghe An with a series of new symbols such as a new education, entertainment and creative center, the first square townhouse in Nghe An, the most expensive island villa in Nghe An...
Assessing the potential of the real estate market in Nghe An, experts say that Nghe An is the largest area in the country and the 4th largest population in the country (after Ho Chi Minh City, Hanoi, Thanh Hoa).
The emergence of large urban areas such as Eco Central Park with diverse product types helps solve the problem of high-quality housing demand, promoting the transition from the central core area to form satellite cities and new centers.
Also at Eco Central Park, the founder of Ecopark has just launched the Central Plaza townhouse subdivision. Only 8 minutes drive from Vinh City center, Central Plaza not only meets the housing needs of residents, workers, experts, ... but can also optimize economic value, meet diverse forms of commercial exploitation of residents and investors such as: living and business exploitation, business exploitation, franchise cooperation, leasing premises, sharing common office space, business and partial leasing ...
Along with meeting the needs of residents, migrant workers, and experts, Central Plaza also benefits from developed infrastructure. Experts assess that Nghe An is a location with transportation advantages, with airports, seaports, roads, and a transportation and logistics infrastructure system that is increasingly being upgraded and improved.
On December 1, Nghe An will merge Cua Lo into Vinh City, doubling the size of Vinh City compared to the present. These are stepping stones for Nghe An to become the commercial center of the North Central region, creating momentum for the real estate market to break through in the future.
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