Binh Dinh attracts 03 FDI projects amid Covid-19 pandemic
In the context of the world and Vietnam in difficulties due to the impact of the Covid-19 pandemic, Binh Dinh province has put great efforts into attracting investment, especially foreign direct investment (FDI). In the first half of 2021, despite not being able to carry out the investment promotion activities abroad, thanks to the regular and active introduction of the potential and advantages of the province to the domestic and foreign partners, especially the flexible joint efforts of Binh Dinh Provincial People's Committee and Becamex IDC Corporation in holding a number of online seminars on investment opportunities for the Korean and US businesses, drawing the attendance of many investors, Binh Dinh province attracted 03 FDI projects with a total registered capital of USD 40.342 million as follows:
- High-end fashion products factory project of Ying Han International Limited Company (100% British capital) at lot A3, Hoa Hoi Industrial Park, Cat Hanh commune, Phu Cat district: The project is implemented on an area of 120,000 m2 with a total investment capital of USD 15 million and creates 900 jobs. The project's goal is to make costumes with a capacity of 4 million products per year. Project implementation is divided into two phases: Phase 1 will be completed in the second quarter of 2023 and the other completed one year later.
- Hai Long Binh Dinh animal feed mill project of Lanking Nano Pte Ltd (Singapore) at lot C2, Hoa Hoi Industrial Park, Cat Hanh commune, Phu Cat district: The project is built on an area of 62,000 m2, with a total investment capital of USD 15 million and creates 200 jobs. Its goal is to produce animal, poultry and aqua feed with a capacity of 200 thousand tons of products per year. The whole project is completed and put into operation in the second quarter of 2024.
In addition to the two projects approved by the Provincial People's Committee, on June 29th, 2021, the Provincial Economic Zone Authority granted the Investment Registration Certificate to Delta Bogart Lingerie Limited (Hong Kong) to invest in the B & D Lingerie Vietnam Garment factory project at lot A4.02, Nhon Hoi Industrial Park - Zone A, Nhon Hoi Economic Zone. The factory is built on an area of 34,080 m2 with a total investment of USD 10,342 million and the project creates 3,200 jobs. The goal of the project is to manufacture and export underwear and nightwear for men, women or children with a capacity of 12,500,000 products per year. The project is expected to start partial operation in January 2022 and fully operate in July 2024.
Binh Dinh province has attracted 87 FDI projects, with a total registered capital of about USD 1.02 billion (38 projects are in the economic zone and the industrial parks, with a total registered capital of about USD 743 million and 49 projects outside the economic zones and the industrial parks, with a total registered capital of about USD 272 million).
- Hai Long Binh Dinh animal feed mill project of Lanking Nano Pte Ltd (Singapore) at lot C2, Hoa Hoi Industrial Park, Cat Hanh commune, Phu Cat district: The project is built on an area of 62,000 m2, with a total investment capital of USD 15 million and creates 200 jobs. Its goal is to produce animal, poultry and aqua feed with a capacity of 200 thousand tons of products per year. The whole project is completed and put into operation in the second quarter of 2024.
In addition to the two projects approved by the Provincial People's Committee, on June 29th, 2021, the Provincial Economic Zone Authority granted the Investment Registration Certificate to Delta Bogart Lingerie Limited (Hong Kong) to invest in the B & D Lingerie Vietnam Garment factory project at lot A4.02, Nhon Hoi Industrial Park - Zone A, Nhon Hoi Economic Zone. The factory is built on an area of 34,080 m2 with a total investment of USD 10,342 million and the project creates 3,200 jobs. The goal of the project is to manufacture and export underwear and nightwear for men, women or children with a capacity of 12,500,000 products per year. The project is expected to start partial operation in January 2022 and fully operate in July 2024.
Binh Dinh province has attracted 87 FDI projects, with a total registered capital of about USD 1.02 billion (38 projects are in the economic zone and the industrial parks, with a total registered capital of about USD 743 million and 49 projects outside the economic zones and the industrial parks, with a total registered capital of about USD 272 million).
Author: Ngoc Xuan
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