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Welcoming the 'eagles' Foxconn, AEON... to nest, a locality of Vietnam is expected to attract 10 billion USD of FDI capital by 2025


From 2019 to the present, Quang Ninh has welcomed and worked with about 130 delegations of organizations, investors, and businesses coming to learn about the investment environment.

In the province, there are currently 197 valid FDI projects with a total registered investment capital of about 15.5 billion USD.
In the province, there are currently 197 valid FDI projects with a total registered investment capital of about 15.5 billion USD.

Quang Ninh province has so far completed the target of registered FDI capital and implemented FDI capital for the period 2021-2025. According to statistics, from 2021 to the end of June 2024, registered FDI capital in the area reached 8.43 billion USD, equal to 281% of the entire period plan; implemented FDI capital reached 2.69 billion USD, equal to 134.5% of the plan.


By 2025, registered FDI capital in Quang Ninh is expected to reach about 10 billion USD, equal to 333.3% of the plan. Implemented FDI capital is expected to reach about 4.1 billion USD, equal to 205% of the plan.


Thanks to the implementation of many positive solutions in improving the investment environment and promoting investment, from 2019 to present, Quang Ninh has welcomed and worked with about 130 delegations of organizations, investors, and enterprises to learn about the investment environment. Among them, there are multinational economic groups and large enterprises such as: Foxconn, Lite-on, Coremax, Boltun (Taiwan), Pacific Construction Group, Xiamen Sunrise (China), Mitsubishi, Sojitz (Japan), Daewoo E&c, Samsung Engineering (Korea)...


To date, the province has 197 valid FDI projects with a total registered investment capital of about 15.5 billion USD.


According to the Quang Ninh Provincial Electronic Information Portal, in the first 9 months of the year, Quang Ninh has newly issued investment registration certificates (ICREs) for 27 FDI projects, with a total registered capital of more than 1.7 billion USD.


Of these, there are 2 projects newly granted Investment Registration Certificates after project adjustment, including the gold and paper production workshop project at Kim Sen Industrial Park (investment capital of 0.82 million USD) and AEON Mall Ha Long Commercial Center Project (investment capital of more than 214 million USD).


The number of newly granted Investment Registration Certificates is 1.4 times higher than the same period, with the total registered investment capital from the projects being nearly 2 times higher than the same period. The province has also adjusted Investment Registration Certificates for 48 projects, 9.5 times higher than the same period in 2023. Of which, 19 projects have increased capital with an additional capital of 207.41 million USD, the capital value increased 7.8 times higher than the same period in 2023.


Most of the newly granted projects are implemented in industrial parks in the city. Quang Yen and Hai Ha districts have attracted nearly 1.6 billion USD in FDI capital in industrial parks and economic zones, accounting for 87.2% of the total FDI capital in the province.


Since the beginning of the year, foreign investors have invested in Quang Ninh in 6/21 national economic sectors. The leading sector is the processing and manufacturing industry with a total investment capital of nearly 1.6 billion USD, accounting for 85.6% of the total registered investment capital.


There are 3 projects with an investment capital scale of over 200 million USD. In terms of the number of projects, the processing and manufacturing industry is also the leading sector, with 23 newly licensed projects (accounting for 85.2%) and 15 projects with increased capital (accounting for 79%).



The concentration of projects in the processing and manufacturing industry in economic zones, industrial parks, and industrial clusters is consistent with the Quang Ninh Provincial Planning for the period 2021-2030, with a vision to 2050 approved by the Prime Minister. The province's socio-economic development orientation has been clearly stated in Resolution No. 01-NQ/TU of the Provincial Party Committee.

(markettimes.vn)





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