Realty Sector Accounts for 61.6% of HCM City’s FDI Total in 2009

12:42:01 PM | 1/17/2010

Realty sector was estimated to make up 61.6% of the total foreign direct investment (FDI) projects in Ho Chi Minh City in 2009, according to the city’s General Statistics Office.

The runners-up were trade sector accounting for 15.1% and industry sector making up 13.5%, Ho Chi Minh City’s General Statistics Offices said.

In 2009, the municipal authorities licensed 369 foreign direct investment (FDI) projects totaling US$841 million.

Singapore took the lead among investors making direct investments in the city with 57 projects valued at US$167.3 million and followed by South Korea with 65 projects worth US$122.2 million. (Banking Times)

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Realty Sector Accounts for 61.6% of HCM City’s FDI Total in 2009

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