Hai Duong’s FDI hits 88 million USD in January. (Photo: VNA)
The northern province of Hai Duong attracted 88.1 million USD in foreign direct investment (FDI) in January, a 20 percent increase from the same period last year.
According to the provincial Department of Planning and Investment, the local authorities aim to lure a total of 200 million USD of investment capital in 2015.
To realise these targets, the locality will intensify investment promotion campaigns targeting large and multinational groups as well as working closer with central ministries.
Administrative reform, the simplification of investment procedures, and increased management will be carried out to create improved conditions for foreign investors to operate in the province.
The locality will also focus on strengthening links with investors to increase confidence.
Hai Duong is home to 292 foreign-invested projects from 24 countries and territories worth 6.5 billion USD, of which 2.9 billion USD has been disbursed.
The projects have created over 140,000 jobs.-VNA
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