Economics

Quang Nam is concerned with FDI quality.

Trần Kim Oanh, Hồ Trịnh Quỳnh Thư Sep 27, 2024 08:35

(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.

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The project quality, the leading goal of Quang Nam FDI attraction

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.

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An FDI project at the Tay An Industrial Cluster (Duy Xuyen)

FDI is seen as a key driver of national and local growth, helping economic recovery.

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An FDI project operating in Quang Nam

According to Quang Nam’s leaders, the province is proactive in searching for qualified investors by offering specific investment opportunities and suitable policies.

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