Hai Phong City to Accelerate Investment Attraction
After the first six months of 2023, Haiphong continues to be one of the localities leading in attracting foreign direct investment (FDI), with a total foreign investment capital of over USD 1.9 billion, an increase of more than 80% over the same period.
LG Innoteck Vietnam Haiphong’s project increasing capital by USD 1 billion has created a strong boost for the speed of attracting FDI inflows into Haiphong, bringing the city to second place, accounting for more than 12% total investment capital of the country, up more than 96% compared to the same period. By the end of July, foreign direct investment in Haiphong Industrial parks and economic zones in Hai Phong reached more than USD 2 billion.
Attracting investment capital is one of the highlights of Hai Phong's economy in the first half of 2023, as it boosts steady and impressive growth momentum, contributing to promoting import and export turnover through Haiphong port and spreading the influence to other economic sectors.
With a strategic geographical position as the gateway to the sea, Hai Phong City increasingly completing synchronous infrastructure not only benefits the city economy but also creates a driving force for the whole Northern’s prime economic region as well as localities along the eastern highway routes, including Hai Phong, Quang Ninh, Hai Duong and Hung Yen./.