The central province of Quang Nam is home to nearly 6,000 businesses, including 153 foreign direct investment (FDI) projects with total registered capital of 5.58 billion USD.
Auto manufacturing at Chu Lai Economic Zone. (Source: VNA)
Quang Nam (VNA) – The central provinceof Quang Nam is home to nearly 6,000 businesses, including 153 foreign directinvestment (FDI) projects with total registered capital of 5.58 billion USD.
In the first quarter of 2018, the locality licensedfive FDI projects worth nearly 12.4 million USD.
Among more than 20 countries andterritories investing in Quang Nam, the Republic of Korea (RoK) takes the leadwith 31 projects valued at more than 250 million USD. Of which, 20 projects areoperational while the rest are under construction.
During January-March, the province alsogranted licences to 12 domestic projects with accumulated capital of over 954billion VND (41.9 million USD). At the same time, there were 278newly-established firms worth 1.4 trillion VND (61.6 million USD).
Nguyen Hong Quang, Chief of the Office ofthe provincial People’s Committee, said the foreign-invested enterprises havegenerated jobs for tens of thousands of labourers.
He also highlighted Quang Nam’s potentialand advantages for industry-based economic development such airport and seaportinfrastructure, favourable transport and high-quality human resources.
The locality is calling for investment in arange of areas such as infrastructure in industrial zones and clusters,manufacturing mechanics, industries in support of auto manufacturing andassembling, garment-textile, leather and footwear, electronics, and agro-forestry-seafoodproduct processing, among others, he said.-VNA
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Auto manufacturing at Chu Lai Economic Zone. (Source: VNA)
