Some investors received investment certificates from leaders of Binh Duong 14-8 morning - Photo: Quoc Hung
(Saigon Times Online) - On 14-8, Binh Duong province People's Committee awarded certificates for new investment and to increase investment for 17 projects including 16 projects of foreign direct investment (FDI) and a project domestic investment, total committed capital of U.S. $ 577 million and $ 600 billion.
As leaders of Binh Duong province, of which there are 12 projects active in the production of industrial parks in the province to raise additional capital to expand production but mostly Japanese business activities in the field production of electronic components, precision engineering and materials for industrial production.
Increased capital most of these are projects of STEC Co., Ltd. in Saigon-Singapore Industrial Park Vietnam II (VSIP 2) specializes in manufacturing electronic circuit boards in mobile phone camera to export, with an increase of 175 million U.S. dollars, bringing the total investment capital of the company present to around 340 million U.S. dollars.
Wonderful company Saigon Electrics Ltd (Japan) operating in VSIP specialized in manufacturing camera modules for mobile phones, IC production of integrated high-capacity, all kinds of electronic circuit boards (PCB) using for next-generation network equipment also increased by U.S. $ 150 million, bringing the total investment capital of the company to 240 million U.S. dollars. Nitto Denko Co., Ltd. in VSIP Vietnam nearly doubled capital, bringing the total investment capital of the company to 50 million U.S. dollars.
For new investors, licensees this time, investment projects complex commercial service on 62 000 m2 in the complex of distributors Canary Aeon (Japan) with capital of U.S. $ 95 million. This is also a service project of the distribution of rare Japanese investors in the province of Binh Duong.
He Nishitohge Yasuo, General Director of Vietnam Aeon Co., Ltd., said it would put the first commercial center of the company in Vietnam in operation since early 2014 in the City and will expand to 20 centers by 2020 .
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Cung Le Thanh, Chairman of Binh Duong province, attracting investment in 2011 and within seven months of this year in the province continued to grow strongly. Specifically in 2011, the province attracted foreign investment reached 1.12 billion U.S. dollars investment in the country reached 26,300 billion VND (about 1, 25 billion U.S. dollars). Particularly in the first 7 months of 2012, 69 provinces have attracted more foreign investment projects in new investment and 72 capital increase projects with total capital of 2.305 billion U.S. dollars and 6 domestic investment projects granted investment certificates with a capital of 4,071 billion VND (nearly 200 million U.S. dollars).
Until now the province has 2,087 foreign investment projects totaling more than $ 17 billion and 12,856 domestic enterprises with registered capital of 98,856 billion VND (about 4.8 billion U.S. dollars) and 202 domestic investment projects granted investment certificates totaling 48,058 billion VND (nearly 2.4 billion U.S. dollars).
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