Industrial Parks (IP) in Hanoi attracted nearly 158 million USD of investment in the first quarter of 2012, 4.4 times more than the same period last year, according to Hanoi ’s Industrial and Export Processing Zone Management Board.
Of this total, 37.95 million USD comes from two new investment projects and the rest is from the registration of adjusted capital .
The IPs expect a total investment of 250 million USD in 2012.
To achieve this, the management board is speeding up the completion of their infrastructure projects to attract more investment, especially from overseas.
It had also tightened up the supervision of how investments are put into operation and has revoked the investment licenses of projects which had broken the regulations or been unsuccessful.-VNA