Ample room for Quang Ninh to attract FDI

The northeastern province of Quang Ninh has ample room to attract foreign direct investment (FDI) and realise the goal of attracting 3 billion USD in FDI this year and 10 billion USD in the 2020-2025 period.

One of the province's advantages is its four industrial parks – Texhong Hai Ha, Bac Tien Phong, Nam Tien Phong and Song Khoai, according to the provincial People’s Committee.

The four industrial parks offer a total area of about 336 ha for investors this year, the committee said.

According to the committee, the locality has basically solved issues regarding construction materials for industrial parks. Electricity, water supply and social infrastructure systems at the industrial parks are also under construction.

Quang Ninh attracted over 3.24 billion USD in FDI last year, ranking third in Vietnam in FDI attraction, and 851 million USD in the first quarter of this year.