CAPITAL CITY DRAWS US$ 5.3 BILLION IN FDI IN FIRST HALF

The capital city is striving to attract over US$500 million in foreign direct investment (FDI) in June 2019, raising the total FDI capital to nearly US$5.3 billion in the first six months of this year.

Director of the municipal Department of Planning and Investment Nguyen Manh Quyen said the capital city of Ha Noi attracted US$4.79 million in foreign direct investment (FDI) in the first five months of 2019.

Ha Noi has been pushing ahead with administrative reforms and improvement of the investment environment, as well as taking measures to ease difficulties for businesses, especially administrative procedures, he said.

Mr Quyen added that the State budget will be prioritized for technical infrastructure projects and those playing key role in promoting socio-economic development.

The city strives to update all addressed administrative dossiers through the one-stop information system to lure more FDI projects, he said.

Ha Noi welcomes investment in high technology projects and use and creation of clean energies, he said.

According to the municipal People’s Committee, the capital city will reform its policies to lure large-scale investment projects with increased added values and using environmentally-friendly technologies.

Other priority fields include health care, information technology, biotechnology, infrastructure development, human resources training, research and development, and high-quality services, they added.

Source: VGP


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