Industrial and processing zone in HCM attracts about $1.4 billion of total capital
The foreign direct investment (FDI) showed the most attractiveness with 14 new projects worth $1,026 million of the total registered capital, and 30 existing project registered to adjust the investment capital with a total raised capital of $193.4 million. The foreign investment capital gained $1220.06 million, accounting for 84% of total capital. Especially, First Solar invested in the solar battery production industry in Dong Nam industrial zone with the capital of $1 billion, as the important affection in the HCM investment environment. The domestic investment capital valued at $219.74 million, accounting for 15% of total capital. In which, 28 new projects worth $203.32 million of the total registered capital, and 12 existing project registered to adjust the investment capital with a total raised capital of $16.41 million. The management board has ushered the relationship with 16 investors from Australia, America, Korea, Thailand, Malaysia…as well as delegation of Laos, Thailand, and Brazil… Thus, by the end of October 2011, the industrial and processing zone in Ho Chi Minh City attracted $1.439 billion investment capital, up 3 times in capital from the same period last year and is expected to hit $1.450 million for whole year.
