In the first half of 2024, Quang Ninh attracted 1.55 billion USD in foreign direct investment (FDI), equal to 52% of the annual plan and an increase of 118% over the same period.
According to the report at the 19th Session of the 14th Quang Ninh Provincial People's Council, term 2021-2026, Quang Ninh province attracted 1.55 billion USD in foreign direct investment (FDI), ranking 3rd in the country in attracting FDI (after Bac Ninh and Ba Ria - Vung Tau provinces), accounting for 10% of the total FDI attraction nationwide of 15.2 billion USD.
There are 22 newly licensed investment projects, most of which are projects in the processing and manufacturing industry, in line with the goals and orientations of attracting investment and development of Quang Ninh.
Recently, Quang Ninh province has granted investment certificates to two projects of Foxconn Singapore PTE Ltd, a member of Foxconn Group, to be implemented at Song Khoai AMATA Industrial Park and DEEP C Quang Ninh 2 Industrial Park (both in Quang Yen town).
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| On July 3, Mr. Cao Tuong Huy, Chairman of Quang Ninh Provincial People's Committee, awarded the investment registration certificate to Foxconn Group. Photo: Thanh Tan |
This group has invested in Quang Ninh since 2019 with the S-Vietnam Project in Dong Mai Industrial Park, with an investment capital of 137 million USD. By 2023, Foxconn will continue to invest in 2 more projects with a total investment capital of 246 million USD in Song Khoai AMATA Industrial Park. And with 2 investment projects of over 550 million USD this time, Foxconn Group has invested in a total of 5 projects in Quang Ninh province with a total capital of nearly 1 billion USD.
In addition, some projects can be mentioned as: Gokin Solar Hai Ha Vietnam monocrystalline silicon wafer and photovoltaic monocrystalline silicon bar project in Texhong Hai Ha Industrial Park, Hai Ha district, invested by Gokin Solar Company (Hong Kong - China), with a total investment of 274.8 million USD; Project for manufacturing plastic molded components, assembly and molds invested by Tenma Vietnam Co., Ltd. (56 million USD); Project for manufacturing bearings and linear motion equipment invested by IKO Thompson Vietnam Co., Ltd. (57 million USD)...
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| Workers of Competittion Team Technology Vietnam Co., Ltd. (Dong Mai Industrial Park, Quang Yen Town) check products. Photo: Quang Ninh Newspaper |
On July 9, at Hai Ha Seaport Industrial Park, Hai Ha District, Quang Ninh Province, the launching ceremony of the textile project of Black Peony Textile Co., Ltd. (BP) Vietnam with a total investment of 71.1 million USD took place. This is 1 of 4 projects attracting investment in Hai Ha District from the beginning of 2024 with a registered capital of 387.235 million USD.
Identified as one of the key industrial development areas of Quang Ninh province, Hai Ha Seaport Industrial Park is located in the province's development space orientation of "One center, two routes, multi-dimensional and two breakthroughs". In which, Hai Ha district is located in the Eastern Corridor of the province, aiming to connect the Northeast Asian market, located in the second breakthrough point which is Mong Cai Border Gate Economic Zone.
Up to now, the number of FDI projects licensed in Quang Ninh province is 196 projects with a total registered capital of over 15.293 billion USD. Of which, Quang Yen town has 69 projects with a registered capital of over 5.4 billion USD; Cam Pha city has 8 projects with a registered capital of over 4.2 billion USD, Hai Ha district has 29 projects with a registered capital of over 3 billion USD; Ha Long city has 56 projects with a registered capital of over 1.8 billion USD.
With the view of effectively using non-budgetary capital for development, FDI is an important driving force, promoting the acceleration of the industry in the new period. Quang Ninh has determined the theme of the year as "Improving the quality of economic growth; developing culture and people rich in Quang Ninh identity", in which, focusing on attracting and improving the quality of FDI is one of the key tasks.
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| A corner of the Song Khoai Amata Industrial Park. Photo: Amata |
It can be seen that, to achieve the above results, right from the beginning of the year, Quang Ninh province has directed and assigned departments, branches, sectors and localities of the province to focus on improving and enhancing the quality of the investment and business environment, removing difficulties, accompanying and supporting businesses. At the same time, the province has issued resolutions and plans on orientations for perfecting institutions and policies, improving the quality and effectiveness of foreign investment cooperation until 2030, in which it sets out targets and solutions to attract FDI in the short, medium and long term.
In addition, Quang Ninh is accelerating the development and completion of a synchronous, modern infrastructure system, ensuring connectivity and comprehensiveness. In addition, the province has established working groups to remove difficulties and obstacles in site clearance and filling material sources to speed up the implementation of key projects and works, and support investors.
Source: https://baodautu.vn/quang-ninh-tiep-tuc-thu-hut-nguon-von-fdi-chat-luong-d219781.html
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