4:10:55 PM | 16/7/2007
Industrial parks (IPs) in Hanoi were estimated to have attracted US$119.9 million of foreign direct investment so far this year, down 29 per cent on year, local media said.
The newly-licensed projects were estimated at US$69.81 million, down 54 per cent on year, because the city may fail to achieve the set target of $1.5 billion FDI attraction this year.
Hanoi has built five IPs including Sai Dong B, Noi Bai, Thang Long, Nam Thang Long and Hanoi-Dai Tu.
The city is calling for investments for 90 key projects, including 33 in the commercial services sector, 24 in sports and educational facilities, and 18 in infrastructure development. The remainder is for building and industrial projects.
It expects to lure $4-6 billion FDI and $2.5 billion of official development assistance (ODA) between 2006 and 2010. (Vietnam & World Economy)
Vietnamese
