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Investors eye 38 major projects, worth 35 billion USD (08/05)
06/08/2010 - 71 Lượt xem
The Ministry of Planning and Investment (MPI) reported 38 major foreign investment projects worth 35 billion USD are attracting attention from foreign investors.
Terry Gou, President of the Foxconn Group (Taiwan), has unveiled a plan to invest 5 billion USD in Viet Nam and pledged to transfer advanced tecnology into the country.
The Foxconn president said the group will initially pour 3 billion USD into a project to produce hi-tech products and set up a joint venture with the Kinh Bac City Group to build new towns with trade and recreational centres, schools and hospitals in northern Bac Ninh and Bac Giang provinces.
Other projects include the 2,640 MW Van Phong coal-fueled power plant in central Khanh Hoa province. The 3.5 billion USD plant is considered by Sumitomo from Japan.
The next is the 1,200 MW Mong Duong 2 in northern Quang Ninh province with an investment of 1.46 billion USD. It is eyed by a joint venture between AES Group (the US) and the Viet Nam Coal and Mineral Group.
The third is the Southern Thermal Power Project in central Binh Thuan province with an investment of 1.4 billion USD. It has got attention from an electricity company from Yunnan province, China.
A 3.75 billion USD project to build a steel factory with a capacity of 4.5 million tonnes a year and exploit iron at the Thach Khe mine in Ha Tinh province also attracts many foreign investors, including Posco from the Republic of Korea, Sunsteel from Taiwan and TaTa Steel and ESSAR from India.
Besides a series of tourism projects dotting along the coastline of Viet Nam, that are considered by economic groups from western countries, investors from ASEAN countries are eyeing two oil refinery projects, one worth 1.53 billion USD and another worth 1.2 billion USD.
Minister of Planning and Investment Vo Hong Phuc affirmed that if only one-third of these projects become reality, the country's goal of attracting 12 billion USD of foreign direct investment this year will be attained.
Source: VNAgency
