Ha Noi attracted 21 more FDI projects in October
VGP - According to the Ha Noi Department of Planning and Investment, in October alone, Ha Noi drew 21 new FDI projects worth US$2.7 million.
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Meanwhile, additional US$237.1 million was injected into 22 underway projects. Foreign investors also poured US$20 million in capital contribution and share purchase deals over the month.
Ha Noi attracted US$1.28 billion in foreign direct investment (FDI) in the first 10 months of this year, a rise of 27 percent on year.
Specifically, in the January-October period, the capital city saw 283 new projects with a combined capital of US$181.1 million. At the same time, US$573 million was added into 163 operating ones, while US$521.9 million was invested in capital contribution and share purchase deals.
In October, there were more than 2,500 newly-established enterprises, up 37 percent year on year, with a total registered capital of VND18.3 trillion, down 32 percent.
However, 268 companies were dissolved, up 20 percent, while 1,264 businesses halted their operation, up 50 percent, and 824 others resumed operations, a rise of 24 percent.
The figures pushed the number of new companies in Ha Noi so far this year to 24,900, a year-on-year increase of 29 percent, with a total capital of VND283 trillion; and 8,900 firms operated again, up 2.4 percent.
In order to continue to attract more FDI, Ha Noi will increase investment promotion activities to attract investors from major markets of the US, Japan, the Republic of Korea, Singapore, China, and European countries.
Alongside, it will promote the development of the infrastructure system and high-quality human resources, while strengthening the connectivity between the foreign-invested sectors with domestic firms.
In the 2021-2025 period, the city plans to establish 2-5 new industrial parks, aiming to meet the demand of investment attraction and industrial production development.
Besides, Ha Noi is also implementing the Ring Road 4 project – Ha Noi Capital Region, which has the role of strengthening regional connectivity, promoting urbanization, contributing to socio-economic development and attracting investment, especially domestic and international strategic investors.
