The northern province of Hai Duong has set a target to attract 400 million USD in foreign direct investment (FDI) in 2023, according to Vice Director of the provincial Department of Planning and Investment Nguyen Duy Hung.
A production line of smart, environmentally friendly sensor products of Hyundai Kefico Vietnam Co., Ltd invested by the RoK in Dai An II Industrial Park, Hai Duong province (Photo:VNA).
Hai Duong (VNA) – The northern province of Hai Duong has set a target to attract 400million USD in foreign direct investment (FDI) in 2023, according to Vice Director of the provincialDepartment of Planning and Investment Nguyen Duy Hung.
The locality licensed five new FDI projects worth 15.8 million USD in January.Meanwhile, 5.6 million USD was added to three existing projects.
Hung said that thelocality will speed up work on the province's master plan in the 2021 – 2030 period, with avision of 2050 as a basis for building priority criteria to attract investmentprojects, especially planning of a key industrial zone for large-scale, modern and environmentallyfriendly investment projects.
It will focus on maximisingresources to develop synchronous and modern socio-economic infrastructure networks and accelerate the construction of infrastructure of industrial parkssuch as Dai An, Tan Truong, Phuc Dien, An Phat 1, Kim Thanh, and Gia Loc, and otherindustrial zones and clusters in the area.
The locality will renew investment promotion methods with priority given to investors in the Republic of Korea (RoK), Japan, the US and Europe; speed up administrative reform; and optimise communicationchannels to approach investors, Hung added.
Last year, as many as 368.1million USD in FDI was poured into Hai Duong, up 15.3% year-on-year.
The locality is home to 498 foreign-invested projects with a total investmentof over 9.2 billion USD from 26 countries and territories. The projects have created jobs forover 220,000 direct workers and thousands of indirect labouers./.
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A production line of smart, environmentally friendly sensor products of Hyundai Kefico Vietnam Co., Ltd invested by the RoK in Dai An II Industrial Park, Hai Duong province (Photo:VNA). 
