Thai Nguyen strives to attract 500 million USD of FDI in 2024
The northern province of Thai Nguyen strives to attract 15 new projects to its industrial zones, 500 million USD of foreign direct investment (FDI) and 4.5 trillion VND (over 184.4 million USD) of domestic direct investment (DDI) in 2024, according to the province’s Industrial Parks Management Board.
Thai Nguyen (VNA) –𒐪 The northernprovince of Thai Nguyen strives to attract 15 new projects to its industrialzones, 500 million USD of foreign direct investment (FDI) and 4.5 trillion VND(over 184.4 million USD) of domestic direct investment (DDI) in 2024, according to the province’sIndustrial Parks Management Board.
According to head of the management board LeKim Phuc, to achieve the targets, the board will focus on removing bottlenecks in land clearance work, continuing infrastructuredevelopment projects in industrial parks, and strengthening dialogues withenterprises. The board will closely coordinate withinvestors of IP infrastructure projects and investment consulting organisations to renew investment promotion activities. It will also contact and attract strategicinvestors in potential areas like the semiconductor industry, electronics, andhigh technology.The management board and local authoritieswill continue to enhance administrative reforms, and improve the provincialbusiness and investment environment, he added. In 2023, the board issued 48 new investmentregistration certificates to 38 FDI projects and 10DDI projects with a total registered investment capital of225.8 million USD and more than 1 trillion VND respectively. The board also adjusted the investmentregistration certificates for 121 projects, of that, 23 projects had theirtotal investment capital increased by more than 190 million USD and 997 billionVND. Thus, in 2023, industrial parks in theprovince attracted more than 417 million USD, nearly 40% higher than planned, thus continue to place Thai Nguyen among the provinces and cities with thehighest FDI attraction capital in Vietnam./.
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A view of Thai Nguyen city (Photo: VNA) 
