Binh Dinh licenses three new projects worth 25.5 million USD

The People's Committee of central Binh Dinh province has granted licenses to three new projects specializing in the pharmaceutical, cosmetics and biology sectors.

The three projects had a total investment capital of 570 billion VND (25.5 million USD). These projects will be developed in the province's Nhon Hoi A Industrial Zone.

In recent years, Binh Dinh province has announced many measures in order to attract more investment with a focus on sending delegations to Japan, Singapore, and Thailand to solicit investment. It has also provided support to investors and offered incentives to attract investment and talented people.

Over the past six months, the province granted licenses to 18 projects, including three foreign-invested, with the total capital of 240 million USD. The projects were involved in trade and service, real estate, agriculture, textile and garments, as well as animal feed production.

Source: VNA