Despite a Decrease in FDI Attraction, Hai Duong Sees a 38% Surge in Total Implemented Capital in the First 4 Months of 2024.
According to the Provincial Department of Planning and Investment of Hai Duong, the province attracted $118.1 million in the first four months of 2024, representing a 25% decrease compared to the same period last year. This includes new approvals for 17 projects with a total registered capital of $78.7 million, an increase of $17.4 million for 9 projects, and the remainder from foreign investors' equity investments.
Although FDI attraction has decreased, the implemented capital has seen a significant increase, reaching approximately $300 million, a 38% rise compared to the same period last year. Following investment approval, FDI enterprises have promptly completed procedures and accelerated the construction of production workshops to put projects into operation.
Currently, Hai Duong has attracted 555 FDI projects from 27 countries and territories with a total investment capital of over $10.4 billion. The total implemented capital of FDI enterprises is estimated at $8.8 billion. FDI enterprises have employed over 230,000 direct laborers and thousands of indirect workers.
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