On February 19, Hai Duong Provincial People’s Committee granted investment registration certificates to 9 projects of 8 enterprises, with a total investment capital of over VND 2.172 trillion.
These are projects of Hong Kong (China) investor – Korninghill Group Limited with the aim of producing toys, stationery, household electronics, and molds, with a total registered capital of USD 3 million.
Investor Jia Ri Xing Limited will invest in the production of walkie-talkies and plastic products with an investment capital of about USD 4 million.
Investor Jiaxu Development Industrial Co., Limited proposed a project to produce connectors, metal products, control equipment, and plastic products with a total registered capital of USD 2 million.
Qizhen Industrial Co.ltd proposed to implement a project to produce plastic products for household appliances, assemble strollers, and electronic products with an investment capital of about USD 4 million.
Hanin Vietnam Technology Group Corporation proposed to invest VND 93 billion to implement a project to produce plastic products, manufacturing, processing, and metal stamping.
Plastic Ecological NK Company Limited proposed to implement a project to produce and trade plastic packaging, with a total investment capital of about VND 150 billion.
Certain projects proposed by Dai An Industrial Park Development Joint Stock Company to invest in the construction of workshops and offices for lease with a total investment capital of VND 249.8 billion.
Two investment projects proposed by Phuc Dien Industrial Development Joint Stock Company to expand the construction of workshops, offices, warehouses for rent to serve production, business, warehouse storage services, real estate consulting, logistics with a total investment capital of about VND 1.361 trillion.
Additional information on investment attraction in Hai Duong, in 2023, the province attracted USD 1.136 billion worth of FDI, 3.1 times higher than the previous year. Domestic investment capital (DDI) reached VND 11.675 trillion, 5.6 times higher than in 2022. In addition, the province has completed the province’s 2021-2030 planning profile, with a vision until 2050, and 6 new industrial zones have been simultaneously constructed in preparation for the next wave of investment into the province.
With the province’s strengths, potentials and positive signals of investment attraction, Hai Duong will continue to actively attract investment in priority projects with high quality, efficiency, high added value, low land use, labor, and resource consumption while being associated with environmental protection and sustainable development.
Specifically, focusing on industries, sectors such as manufacturing of supporting industrial products, processing, electronics, processing agricultural and food products, construction materials, sectors, and fields using high technology, source technology, biological technology, high technology application agriculture, environmental technology, clean energy…
Hai Duong belongs to the Key Economic Region in Northern Vietnam, bordering 6 provinces including Bac Giang, Quang Ninh, Hai Phong, Bac Ninh, Hung Yen, and Thai Binh. The natural area of Hai Duong is 1,668.2 km2 (ranking 51st out of 63 provinces and cities nationwide). Meanwhile, with nearly 2 million people, Hai Duong’s population ranks 8th in the country, after Ho Chi Minh City, Hanoi, Hai Phong, Thanh Hoa, Nghe An, Dong Nai, and Binh Duong. The province has a young population structure, so it has abundant labor resources. Hung Yen also ranks fourth in the country in terms of population density, after Ho Chi Minh City, Hanoi, and Bac Ninh.
With its strategic location in the center of the Red River Delta; having a convenient transportation system in terms of roads, railways, and waterways, creating favorable conditions for the province to develop industries, agriculture, tourism, and a large labor force with high professional qualifications.
