Investment News

Continuously increase advantages to attract investment


In 2023, Quang Ninh aims to attract foreign direct investment (FDI) of over 1.5 billion USD, exceeding 25% of the plan, and attracting domestic investment capital outside the budget of over 51,000 billion VND, exceeded 18.6% of the plan. More than halfway through implementation efforts, the province has achieved many remarkable results. In the remaining months of 2023, the province is continuing to implement many synchronous solutions to successfully implement the set investment attraction goal. Industrial parks in the province are increasingly improving their infrastructure, ready to welcome secondary investors. In the photo: Dong Mai Industrial Park (Quang Yen Town)

Talking numbers"

By the end of August, the total capital attracted foreign direct investment (FDI) in the province reached 853 million USD, equal to 85.5% of the 2023 plan. The province's investment registration agencies have issued new licenses. Investment registration certificates for 14 FDI projects, double the same period in 2022, with a total registered capital of 727.24 million USD; adjusted capital increase for 2 projects with an additional capital of 26.41 million USD; Level 2 announces that foreign investors meet the conditions for contributing capital/buying shares/buying capital contributions with a capital contribution value of nearly 1 million USD. Thereby, bringing Quang Ninh ranked 9th in the country, ranked 4th in the Red River Delta in terms of total investment capital attracted from the beginning of the year until now.

Among new attracting projects and adjusting to increase capital, the number of projects in the fields of processing and manufacturing with high science and technology content accounts for the majority, in accordance with the province's investment attraction orientation. Notably, there are 3 large-scale projects with investment capital of over 100 million USD, including: Autoliv Vietnam Co., Ltd. (Sweden) project in Song Khoai Industrial Park with investment capital of 154 million USD, producing various products. safety products for cars and other motor vehicles for export; BolTun Vietnam (Taiwan) pin lock and stamping product production project with investment capital of 165 million USD; FECV Factory and Foxconn Quang Ninh FMMV Factory projects have a total investment of more than 246 million USD.

With this result, the total FDI capital in the province has now reached more than 11.5 billion USD, including 164 FDI projects carrying out production and business activities. Including 104 projects implemented in industrial parks and economic zones with a total registered investment capital of more than 5.34 billion USD; 60 projects implemented outside Industrial Parks and Economic Zones with total investment capital of nearly 6.23 billion USD. Quang Ninh ranks 11th in the country in attracting foreign direct investment. Manufactured at Jinko Solar Industry Company Limited (Song Khoai Industrial Park, Quang Yen Town).

Besides attracting FDI, Quang Ninh's bold impression in 2023 must include the fact that the province has spectacularly achieved the goal of attracting domestic investment outside the budget nearly half a year early. By the end of August, the total amount of foreign investment capital attracted outside the budget in the province had reached more than 45,304 billion VND, equal to 105.4% of the target set in Plan No. 64/KH-UBND dated June 6. March 2023 of the Provincial People's Committee on implementing the 2023 work theme "Improving the effectiveness of investment attraction and quality of people's lives". Of these, 13 projects have had investment policies approved and investors approved with a total investment capital of nearly 40,484 billion VND; 5 projects adjusted to increase capital with increased capital of over VND 4,820 billion, a rate 2.5 times higher than the same period in 2022.