Hai Phong attracts more multi-million dollar FDI projects
The northern port city of Hai Phong lured two new foreign direct investment (FDI) projects worth US$62.25 million in the first three months of this year.
SL Electronics Co. Ltd from the Republic of Korea (RoK) invested US$42.25 million into a project producing spare parts for electronic household appliances and motors, while the RoK investor HSColor injected US$20 million into a project serving the printing and producing components for mobile phones.
The two projects are scheduled to start operation in this September. |
So far, the city has 460 valid FDI projects with a total registered capital of US$11.113 billion.
Currently, Hai Phong is accelerating the implementation of its key infrastructure projects, including Cat Bi International Airport, Tan Vu-Lach Huyen Highway and Bridge project, Hai Phong International Gateway Port, and Bach Dang bridge.