| HCM City’s FDI attraction touches nearly $2b in Jan-Sept | |
In the first 15 days of September, HCM City has granted investment license for 239 FDI (foreign direct investment) projects capitalized at $1.778 billion and chartered capital of $456.4 million, decreasing 20 projects but increasing 6.3% in value from the same period last year, HCM City Statistics Bureau reported on Wednesday September 21. Under which, industry sector showed the most attractiveness with 30 FDI projects worth $1.09 billion (accounting for 61.7%), commerce sector with 59 projects worth $145 million (accounting for 14%), real estate and consulting services with 98 projects valued at $363.3 million (accounting for 20.4%). Amongst foreign investors investing in HCM City in the first nine months of this year, Singapore remained the biggest foreign investor with 77% of total investment capital and followed by Korea, Japan, Taiwan and Poland. 73 existing projects registered to adjust the investment capital with a total raised capital of $203.7 million. Thus, in Jan-Sep, the city is estimated to have lured $1.98 billion worth of FDI capital, up 14.7% from the same period last year. The total number of valid projects in the city as of September 15 was 4,102 projects with total registered capital of $31.6 billion, up 309 projects and 8.7% in value year on year. | |
| VN Business News |
