More than 19.2 billion USD of investment capital is about to 'land' in Binh Thuan

On September 22, Binh Thuan province opened the Investment Promotion Conference 2019 with the goal of directly inviting reputable and high-capacity strategic businesses and investors to invest in key projects, contributing to promoting urban development in the province.

At the ceremony, the People's Committee of Binh Thuan province awarded investment policy decisions and signed investment memorandums of understanding for 22 projects with a total record capital of more than 450,000 billion VND (equivalent to more than 19.2 billion USD).

Specifically, the People's Committee of Binh Thuan province has awarded investment policy  decisions to 11 projects, with a total investment capital of 21,800 billion VND (about 920 million USD).

In which, there are 5 service urban projects with a capital of more than 15,800 billion VND; 3 technology projects with a capital of more than VND 5,300 billion; 2 agricultural projects with 456 billion VND and 1 health project is a high-quality cardiovascular and cancer treatment center with a total capital of 150 billion VND.

In addition, the People's Committee of Binh Thuan province has also signed a memorandum of investment for 11 projects with a total registered investment capital of more than 435,000 billion VND (equivalent to 18.5 billion USD).

In which, accounting for the largest number of registered capital are 2 projects related to industry with a registered capital of more than 392,000 billion VND; 3 projects related to agriculture with a total registered capital of 880 billion VND and 6 projects related to tourism with a total registered capital of more than 42,000 billion VND.

According to statistics of the Department of Planning and Investment of Binh Thuan province, in the past 2 years, in the province, there have been 264 more projects approved for investment with a total capital of more than 53,000 billion VND, about 1,730 newly registered enterprises with a total registered capital of 32,866 billion VND.

Up to now, Binh Thuan province has 1,525 projects with a total investment capital of about 303,000 billion VND, of which about 106 FDI projects are effective with a total registered capital of 3.24 billion USD.