In the first eight months of 2024, Hai Duong attracted nearly 320 million USD in FDI, equal to 93% compared to the same period in 2023. The province approved 46 new FDI projects with a total registered capital of 202.5 million USD, mainly in the fields of energy, processing, manufacturing, and office supplies.
Hai Duong attracted 46 new FDI projects in the first eight months of 2024
FDI attraction of Hai Duong province in the first 8 months of 2024 reached 320 million USD, equal to 93% of the same period last year. The province approved 46 new FDI projects with a total registered capital of 202.5 million USD. These projects are mainly located in newly expanded industrial parks such as Phuc Dien, Dai An, and An Phat 1, focusing on sectors like energy, processing, manufacturing, and office supplies.
Additionally, 23 projects increase their capital, with a total additional investment of 108.7 million USD. At the same time, Hai Duong completed procedures for 21 capital contributions and share purchases by FDI investors in domestic enterprises. As of now, Hai Duong has 577 active FDI projects with a total registered capital of nearly 10.6 billion USD, coming from 27 countries and territories.
Revenue from the FDI sector increased by 12.5%
Hai Duong is considered a dynamic economic hub within the key northern economic triangle of Ha Noi – Hai Phong – Quang Ninh, with a growth rate in the first six months of 2024 ranking seventh nationwide and third in the Red River Delta. The province has attracted many major FDI projects, such as the office supplies manufacturing plant of Deli Group (China) with a total capital of 270 million USD, Biel Crystal Private Limited (Singapore) with a registered capital of 260 million USD, and a solar photovoltaic cell production project by BOVIET with a total capital of 120 million USD.
In the first half of 2024, the revenue of FDI enterprises in Hai Duong reached 4.5 billion USD, an increase of 12.5% compared to the same period last year. Additionally, the export value of FDI enterprises reached 4.2 billion USD, an increase of 38.8%, while the import value reached 3 billion USD, up 20% compared to the same period in 2023. FDI enterprises contributed 240 million USD to the state budget, an increase of 6% over the same time in 2023.
2024 target: Attract 500 million USD in FDI capital
For 2024, Hai Duong set a goal of attracting 500 million USD in FDI capital and 850 million USD in implemented investment. It is expected that FDI enterprises will generate 9 billion USD in revenue, contributing more than 500 million USD to the state budget.
Currently, Hai Duong has over 1,000 hectares of industrial parks with completed infrastructure, ready to welcome secondary businesses to invest and build factories. Additionally, according to the 2021–2023 plan, with a vision to 2050, Hai Duong will develop more than 30 industrial parks and one specialized economic zone. This is a strategic step to enhance competitiveness and attract investment into the province’s key industries, helping Hai Duong gradually become an attractive destination for both domestic and foreign investors, especially those with large capital investments.
