In August 2022, Vinh Phuc Industrial Parks Management Board granted new investment registration certificates for 05 projects with a total registered investment capital of 15 million USD and 1,750 billion VND.
Panoramic view of CNCTech Thang Long Complex project at Thang Long Industrial Park III.
Positive results
In August 2022, Vinh Phuc IZs Management Board granted new investment registration certificates for 05 projects. The management board also granted Investment Registration Certificates (IRC) to adjust capital for 04 times of FDI projects with a total additional registered investment capital of 10.98 million USD.
Total newly and additionally registered investment capital in VinhPhuc IZs in August 2022 is USD 25.98 million and VND 1,750 billion.
In the first eight months of 2022, industrial zones in the province lured 15 new FDI projects and 24 times of FDI projects to increase capital, with a total newly and additionally invested capital of $261.09 million, at the same time attracting 12 DDI investment projects with total registered investment capital of 2,182.61 billion VND.
So far, Vinh Phuc has recorded 438 valid projects, including 94 DDI investment projects and 344 FDI projects with a total investment capital of 24,196.09 billion VND and 5,653.53 million USD respectively.
Continue to promote high-quality investment attraction
In September 2022, the Management Board of Vinh Phuc Industrial Parks said that it has plan to issue new investment registration certificates for 3-5 new projects, adjust the new investment registration certificates for 3-4 projects with total newly registered and increase investment capital of about 15-20 million USD and 100 billion VND.
A Bonded Warehouse for Western customers in Thang Long manufacturing complex.
According to the Management Board, in order to enhance the quality and effectiveness of promotion and investment attraction in the provincial industrial zones, the Board should pay attention to performing a number of key tasks as follows:
Firstly, proactively prepare well the conditions for investment promotion, implement solutions to attract domestic and foreign investment, especially anticipate new opportunities opened up after the pandemic.
Secondly, focus on local investment promotion activities, technology transfer; create motivation for sustainable economic development and balance between FDI and DDI capital flows.
Thirdly, attract investment according to planning associated with sustainable development and rapidly increase the occupancy rate of industrial zones./.