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Last updated: 24/04/2008, 1:43 CH - View: 1872
Hai Duong IPs with its success in attracting FDI

According to its master plan for socio-economic development, by 2010, Hai Duong has at least 10 IPs approved by the Prime Minister. To date, the province has 8 established IPs with the total area of 1,621 ha. Besides, the province is owning 30 industrial clusters situated in favorable conditions for transportation, electricity and communication


At present, Hai Duong province has attracted 169 projects with the registered capital of 1,925.81 million US dollars, creating 43,000 job opportunities. Out of the total projects, IPs have induced 78 projects with the investment of 1,117 million USD. As for investment sector, industry and construction have taken an account of 45.7% with 147 projects; those of agriculture sector have been 2.4% and 15 projects and those of service sector have been 1.4% and 7 projects.
Out of 21 countries and territories investing in Hai Duong province, Japan tops the list with 24 projects with capacity of 592 million US dollars, followed by Taiwan, the US, Korea, Singapore, Denmark and France.
Hai Duong is one of the 10 most successful provinces in investment attraction. By the end of January 2008, the province’s implemented capital reached 804 million US dollars, taking an account of 42% of the registered capital. Projects were diversified, including manufacturing and assembling automobiles, electronic goods, electrical cables, textile and garment, agriculture products, etc. Investment flow in Hai Duong province inclined to large-scaled and high-tech projects, especially projects from giant corporations in the US and Japan such as Brother, Qualcomm, Sumidenso, etc.
In the last 10 years, investment sector has an important contribution into the province’s economic growth rate. In the period of 2001-2005, the average GDP growth rate of Hai Duong province attained 10.8%, whereas that in 2007 reached 10.8%. In 2000, export turnover of FDI sector occupied 20.5% of the province’s total export turnover while that of 2007 took an account of 84.3%
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