The projects include 12 already in operation, funded with $493 million and, five newly-licensed projects with a total capital of $136.4 million.

Since early 2012, Binh Duong province has attracted 69 new projects, and along with the 72 currently operating, they have added capital worth $2.305 billion, including the Tokyu urban residential area worth $1.2 billion.

Addressing the event, Chairman of the Binh Duong Provincial People’s Committee Le Thanh Cung said that despite many difficulties, the province has introduced various measures to attract more investment as well as boosting its manufacturing output in 2011 and early 2012.

To attract more investment, the province has focused on providing an adequate infrastructure with a top-quality workforce and reformed administrative procedures.

This year’s new projects play an important role in fostering provincial socio-economic development and the provinces leaders have overcome many difficulties to create the most favorable conditions for enterprises to carry out their operations.

To date, the province has attracted 2,087 foreign investment projects with a total capital of over $17.5 billion.