Tien Giang attracts USD nine million of investment in early 2018

In early 2018, the province lured two new foreign direct investment (FDI) projects worth USD 9 million, comprising a garment-textile company and a steel pipe producing company. Tien Giang will continue stepping up administrative reform and support businesses in investment law and climate, the official added. A garment-textile company in Tien Giang province The province is now home to 93 investment projects, including 66 FDI ones with total capital of more than VND 42.9 trillion (USD 1.89 billion). Those projects generate jobs for some 83,000 workers while occupancy rate at the provincial industrial parks has hit 64.29 percent. The industrial production value of firms operating in the province’s industrial parks since the beginning of this year exceeded VND 5.2 trillion (USD 230.83 million), up 21.77 percent year-on-year. Export turnover of those firms exceeded USD 180 million in the period, or an increase of 22.37 percent against the same time last year. Source: VNA


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