Hanoi industrial parks see strong rise in investment

09:57 | 30/07/2012
In the first seven months of this year, industrial parks in Hanoi attracted $271 million of investment in both foreign and domestic projects, a 3.8-fold increase year-on-year.
hanoi industrial parks see strong rise in investment

Of the amount, nine new FDI projects accounted for over $112 million while domestic investors poured VND53 billion into two new projects.

The remainder was additional capital for 17 operational projects to expand production and upgrade equipment.

Turnover of industrial parks in Hanoi reached almost $2.2 billion in this period, representing a rise of 12.4 per cent against the same period last year.

According to the management boards of industrial zones, the state management of industrial parks in Hanoi played an important role in supporting businesses to overcome difficulties and stabilise production.

The management boards also facilitated business and manufacturing operations of enterprises operating in the zones.

In future, the boards will continue to enhance infrastructure to attract more investment. Their goal is to attract $300 million in investment this year, up 20 per cent on the target set earlier.

VIR/VNA

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