Hanoi Industrial Parks Target US$180 Million Projects for 2010

Posted by Reading Time: < 1 minute

HANOI, Jan. 27 – Authorities want to target US$180 million worth of new investment projects for 2010, an increase of 37.62 percent compared to the previous year.

Last year, 16 local projects worth VND728 billion and 27 foreign direct investment projects capitalized at US$91.4 million were approved in Hanoi. The city now has a total of 14 industrial parks, behind Dong Nai with 28, Binh Duong with 21  and Ho Chi Minh City with 17.

Local industrial parks have attracted a total of 508 projects that include 240 FDI projects amounting to US$3.5 billion and 268 domestic projects worth VND11.16 trillion.