Not only is it an important development pole in the triangle Hanoi - Hai Phong - Quang Ninh, Hai Phong is also the driving force for development of the Northern region and the whole country. Attracting foreign direct investment is always a bright spot in the socio-economic development of the Port City.

*Hai Phong is a "bright star" in attracting FDI.*

Set a record for attracting FDI capital

In 2023, Hai Phong's foreign direct investment (FDI) attraction will reach a record. As of December 20, 12, Hai Phong maintained the second position in the country after Ho Chi Minh City with a total FDI capital of 2023 billion USD. In total, up to now in Hai Phong there are 2 valid FDI projects with a total investment capital of 3,4 billion USD.

The foreign investment (FDI) sector in 2023 is estimated to reach 65.068 billion VND, an increase of 8,15% over the same period. Capital for implementation is concentrated mainly in 3 factories of LG Group in Hai Phong. In addition, a number of other businesses also promoted investment such as: Regina Miracle International Vietnam Co., Ltd.; Pegatron Vietnam Company Limited; Shin-Etsu Magnetic Materials Co., Ltd.; Tesa Site Hai Phong Company Limited. In 2023, Hai Phong has granted 100 new projects with newly granted capital reaching 1,3 billion USD; Adjusted to increase investment capital in 46 projects with an additional investment capital of more than 1,9 billion USD.

Hai Phong has 933 valid foreign investment projects with a total investment capital of 28,9 billion USD. Total foreign investment capital attraction including newly registered capital, adjusted registered capital and value of capital contribution and share purchase by foreign investors reached 3.402,7 million USD. There are currently 16 countries and territories with investment projects in Hai Phong (from the beginning of the year to December 20, 12), of which Korea leads with a total registered capital of 2023 million USD, accounting for 540,6 .36,67% of total investment capital; Singapore ranked second with a total investment capital of 454,8 million USD, accounting for 31,69% of total investment capital and China ranked 3rd with a total registered capital of 204,2 million USD, accounting for 14,23% of total capital. invest.

Among new projects from the beginning of the year to December 20, 12, the Ecovance high-tech biodegradable materials factory project of investor Ecovance Co.Ltd (Korea) has a large total registered capital. highest, reaching 2023 million USD; Nam Long - Thuy Nguyen housing project of investor VSIP Hai Phong Company Limited (Singapore) with total registered capital of 500 million USD; Vananium battery and redox flow battery manufacturing and assembly factory project for energy storage by investor VRB Energy International Pte. Limited (Singapore) with total registered capital of 93,4 million USD; Container ship operation project of investor Zim Integrated Shipping Services LTD (Israel) with total registered capital of 83,7 million USD.

Among the projects adjusted to increase investment capital from the beginning of the year to December 20, 12, the project with the largest capital increase adjustment is the LG Innotek Hai Phong Factory Project of LG Innotek Vietnam Hai Phong Co., Ltd., with investment capital Adjusted investment increased by 2023 billion USD; Next is the machine and equipment manufacturing project of Kyocera Vietnam Office Machine Technology Co., Ltd., adjusted to an increase of 1 million USD and the factory project for manufacturing plastic components and electronic components of Kyocera Vietnam Co., Ltd. Hanmiflexible Vina adjusted to increase by 237,5 million USD.

Promote attraction of domestic and foreign investment

In 2024, in order to continue promoting the attraction of resources to develop Hai Phong city into a modern, smart and sustainable industrial city of Southeast Asian stature, Hai Phong aims to attract 2,0 2,5-XNUMX billion USD in FDI capital, while taking advantage of existing strengths and potentials to promote and attract domestic investment. Effectively deploy domestic investment projects and works, ensuring on schedule and bringing positive effects in the City's socio-economic development.

To achieve the above goal, the City has proposed a number of solutions and tasks to implement, including:

Speed up the implementation of key traffic projects, soon complete and put into use important traffic infrastructure works, and maximize design capacity for socio-economic efficiency.

Deploying the Hai Phong City Supporting Industry Development Program to 2025 with a vision to 2030; Accelerate construction of worker housing projects. Research proposal to establish a free trade zone in the southern coastal economic zone of Hai Phong. Attract investment in building new logistics centers.

Encourage and create favorable conditions for the development of businesses providing logistics services, arrange suitable land funds to attract investment in a national and international logistics center system.

Focus on promoting on-site investment, online investment, attracting large high-tech projects that play a leading role and make great contributions to the City. Promote administrative reform, improve the business investment environment, and enhance provincial competitiveness associated with implementing the Government's decision approving the Project to develop and apply data on population identification and identification. electronic reality.

State management agencies regularly dialogue and listen to opinions of the business community and people to have timely policy responses; Immediately and completely resolve problems and inadequacies in the investment and business environment.

Strengthen budget revenue and expenditure discipline, improve the business investment environment, and prioritize promoting economic growth. Accordingly, effectively manage the state budget estimate by 2024, ensuring the City completes and exceeds the estimate assigned by the City People's Council, creating resources for City development.

Source: Integrated Enterprise