Mekong Delta lures nearly US$10 billion in FDI
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Mekong delta provinces have attracted an additional $126 million in foreign direct investment (FDI), raising the total FDI capital poured into the region to nearly $10 billion.
According to the Planning and Investment Ministry’s Foreign Investment Agency, there are 611 operating FDI projects in the region. Long An province takes the lead in the region in terms of FDI attraction with 371 projects, capitalized at over $3.56 billion. It is followed by Kien Giang province with projects worth more than $3 billion. Investors inject money mainly into processing and manufacturing industries.
The agency said provinces in the region are paying attention to improving infrastructure developing services and supporting industries and boosting administrative reforms and human resource training.
They have also focused on boosting investment promotion to lure more investors.