Hai Phong among top 10 attractive investment destinations

15:29 | 03/07/2017 Economy

The northern port city of Hai Phong has been named among top 10 attractive investment destinations nationwide, said Secretary of the municipal Party Committee Le Van Thanh.

hai phong among top 10 attractive investment destinations
Garment production line of Crystal Sweater Vietnam Co., Ltd in Hai Phong city - Photo: VNA

As of June 30, Hai Phong recorded 24 new projects and 20 others registering additional capital worth a total of 617 million USD, 585 million USD of which was foreign direct investment (FDI).

Domestic firms have also poured much into the city, notably Vingroup, Sungroup, Xuan Truong, Him Lam, and FLC which embarked on urban development, tourism, agriculture, health care and education. There were 501 foreign-invested projects with a total registered capital of 14.03 billion USD.

Thanh attributed the success to infrastructure improvement, including construction of Tan Vu – Lach Huyen bridge, Bach Dang bridge, expansion of National Highway 10, and key transport routes which will be inaugurated in late 2017 and early 2018.

In the first half, the city began the construction of Hoang Van Thu bridge, Nguyen Binh Khiem overpass, Tam Bac, Han and Dang bridges, and several coastal roads.

Theo VNA