Nearly 550 million USD and 1,685 billion VND invested into Quang Nam

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(QNO) - On March 23rd, Quang Nam People’s Committee gave investment certificates to 12 domestic and international enterprises with a total investment up to 550 million USD and 1,685 billion VND.

7/12 projects have foreign direct investment  (FDI) with a total capital of  nearly 550 million USD, including: Southern Hoi An Resort (in Duy Xuyen and Thang Binh district) of  joint - venture groups : Chau Tai Phuc Group, VinaCapital Group and Sun City Group. The investment capital for phase 1 is 500 million USD.

Tam Thang Textile – Garment -  Dyeing Factory (Tam Thang industrial park, Tam Ky city) of Tam Thang Panko Company is invested 30 million USD; 6 million USD for ONEWOO Garment Manufacturing Factory (Ha Lam Cho Duoc industrial park) of Korea ONEWOO Chochin Factory (Dien Nam – Dien Ngoc industrial park) of  Japan - Sasaki Shoko JSC with a total investment capital of 4 million USD; Hoi An Blush Beach Club (Dien Duong commune, Dien Ban district) of Hong Kong - Blush Entertainment Limited Company with 3 million USD; Sportteam Corporation Garment Company (Thuan Yen industrial park, Tam Ky city) of Taiwan Intergarment Corporation Company with 4 million USD and SHAIYO TRIPLEA wood production and processing  Factory (Doc Tranh industrial park, Thang Binh district) with 3 million USD.

5 other projects with a total capital of 1,685 billion VND, including: Fiber – Textile – Dye – Garment Complex (Huong An commune, Que Son district) of Vietnam Textile and Garment Group (1,200 billion VND),

Binh Phuc Fiber Factory (Thang Binh district) of Hoa Tho Textile Corporation (180 billion VND), Son Ha Export Embroidery Factory (Tay An industrial park, Duy Xuyen district) (160 billion VND), Gartment Export Factory (Dien Nam – Dien Ngoc industrial park) of Nam Vuong Garment Co., Ltd (95 billion VND), Jacket Garment Factory (Dien Nam – Dien Ngoc industrial park) of Quang Nam Green Road MTV Co., (50 billion VND).

Until now, Quang Nam has had 17 projects licensed.

Mr. Le Phuoc Thanh, Chairman of PPC said this is the first step in strong attachment of the projects to Quang Nam and also is Quang Nam’s commit to investors in making favorable conditions for projects implementation and operation.

Mr Dinh Van Thu, Vice Chairman of PPC also said PPC will make the most favorable conditions for investors.