Industry

Hai Duong strives to attract 1 billion USD of FDI capital

HK January 11, 2025 17:00

In the detailed GRDP growth scenario, Hai Duong strives to attract foreign direct investment (FDI) of 1 billion USD or more by 2025.

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In 2025, Hai Duong is determined to attract investment capital, with the goal of attracting 1 billion USD or more of FDI capital and over 8,500 billion VND of domestic investment capital (illustrative photo)

The detailed GRDP growth scenario for 2025 clearly states Hai Duong’s determination to attract both domestic and foreign investment capital. In particular, the province strives to attract 1 billion USD or more in FDI capital. If the 1 billion USD mark is taken, FDI attraction to the province in 2025 will increase by 39.3% compared to 2024.

Regarding attracting domestic investment capital, the detailed GRDP growth scenario clearly states that in 2025, the province strives to attract over VND8,500 billion, an increase of 5.6% compared to the total registered capital of new projects approved for investment in 2024.

To achieve the set goals, Hai Duong will promote and attract large-scale, high-tech projects, especially in the processing, manufacturing, electronics, semiconductor, artificial intelligence, and hydrogen industries.

In the first quarter of 2025, the Provincial Industrial Park Management Board will shorten the time for granting investment registration certificates to 8 days, a reduction of 7 days compared to regulations, except for cases that must be reported to competent authorities; the time for handling adjustments to investment registration certificates will be 8 days, a reduction of 2 days compared to regulations.

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To achieve the set target, the detailed GRDP growth scenario outlines the main tasks and solutions of each department, industry, and locality (illustrative photo)

Reduce 5 days (to 15 days) for granting new construction permits and granting repair and renovation permits; reduce 3 days (to 17 days) for appraisal of feasibility study reports, or adjustment of feasibility study reports.

Urge investors in industrial park infrastructure to speed up the construction progress of industrial park infrastructure. Focus on attracting investment in Lai Vu, Phuc Dien expansion, Dai An expansion industrial parks, etc.

Along with that are many other related tasks such as completing the appraisal and submitting to the Provincial People's Committee for approval of the zoning plan for Hoang Dieu Industrial Park (Gia Loc); completing the dossier for appraisal and approval of the project and quickly implementing investment in infrastructure construction of the province's specialized economic zone; completely resolving tasks in site clearance and handing over land to established industrial parks...

In 2024, Hai Duong attracted positive results in attracting domestic investment, with a total registered capital of about 11,489 billion VND, 1.2 times higher than in 2023 (including approval of investment policies for 53 new projects, with a total registered capital of 8,048 billion VND); announced the termination of operations of 11 projects.

Attracting foreign investment capital of more than 711 million USD, equal to 54.8% compared to 2023. Of which, investment certificates were granted to 68 new projects, with a total capital of about 431 million USD; 38 projects were adjusted, with a total capital increase of about 280 million USD.

In total, the province has 608 foreign investment projects from 27 countries and territories, with a total registered capital of 11.3 billion USD (in industrial parks, 342 projects, total capital of 7.1 billion USD; outside industrial parks, 266 projects, total capital of 4.2 billion USD).

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Hai Duong strives to attract 1 billion USD of FDI capital