Information from Long An Department of Planning and Investment, in the first quarter, the number of domestic direct investment (DDI) projects and foreign direct investment (FDI) projects have decreased. Since the beginning of the year, Long An has granted new investment certificates for 34 DDI projects with a registered capital of 1,407 billion VND (there are 9 projects increasing capital with an increase of 2,188 billion VND). Total newly and additionally granted capital is 3,595 billion VND; decreased by 41 projects and registered capital by 5,878 billion VND over the same period. Up to now, Long An has 1,949 licensed DDI ) projects with registered capital of 225,295 billion VND.
From the beginning of the year until now, 26 newly FDI projects have been granted with a total registered capital of 105.7 million USD, 11 projects increasing capital of 8.95 million USD. Total newly and additionally registered capital was 114.6 million USD, down 2 projects and an increase of 26.5 million USD of investment capital over the same period. Up to now, the total registered FDI projects in the province is 1,049 projects, registered capital is 6,324 million USD. Of the total registered projects, 585 projects were put into operation, accounting for 55.7% of the total number of registered projects, with a total implemented capital of about 3,624 million USD, reaching 57.3% of the total registered capital.
Long An granted new investment certificates for 34 DDI projects in the first quarter of 2020
Also in the first quarter, newly established enterprises in the province increased while the registered capital decreased over the same period. Since the beginning of the year, 341 new businesses have been established in the province with a total registered capital of 3,410 billionVND, an increase of 8.25% in the number of enterprises but a decrease of 24% in the registered capital over the same period. Among newly established enterprises, 47 enterprises located in industrial zones with registered capital of 1,060 billion VND, of which 9 enterprises with registered capital of 103 billion VND. Up to now, the province has over 11,690 enterprises registered to establish with a total registered capital of 307,561 billion VND.
Reported by Mai Huong
Translated by NT