Quang Nam is concerned with FDI quality.
(QNO) - Quang Nam's approach to FDI attraction, putting quality over quantity, is found in its pledge to invest in infrastructure and the launch of high-tech investment projects to promote development.
In the first 9 months of 2024, Quang Nam had 8 FDI projects licensed with a total registered capital of approximately USD 126.6 million, bringing the number of active FDI projects to 199, with a total registered capital of around USD 6.2 billion.
Recent investment projects, such as Karcher’s cleaning equipment plant (VND 500 billion), Yuxing’s ultra-white glass plant (VND 820 billion), Star Group’s magnet plant (VND 1.92 trillion), and Guoguang Electric’s audio equipment plant (VND 960 billion), signal a new era of higher-quality FDI projects.
FDI is seen as a key driver of national and local growth, helping economic recovery.
According to Quang Nam’s leaders, the province is proactive in searching for qualified investors by offering specific investment opportunities and suitable policies.