Long An currently has 1,785 domestic investment projects and 975 foreign investment projects
According to information from the People's Committee of Long An Province, from the beginning of 2019 until now, the province continues to review the progress of investment projects in the province. Accordingly, the province has decided to withdraw 10 foreign investment projects, with the registered capital of USD25 million, an area of 6.5 hectares. Besides, the province has also decided to withdraw 10 domestic investment projects with the capital of VND 292 billion, an area of 4.78 ha.
According to the assessment, in the province, most foreign investors and domestic investors after being granted investment registration certificates have quickly disbursed capital, imported machines, equipment, built houses, workshops and started production and business activities.
However, due to many reasons, including limited financial capacity or unexpected difficulties, some investors have delayed in implementing the projects after being licensed. With the principle of supporting, accompanying enterprises, every year, the province directs departments and functional agencies to review and prepare the statistics on projects with delayed implementation.
Currently, in Long An province, there are 1,785 domestic investment projects with the registered capital of VND 212,401 billion and 975 foreign investment projects with the total registered capital of USD 6,106 million, of which 576 projects have been put into operation with total capital of about USD 3,614 million.
Reported by Gia Han
Translated by Lan Vy