In the first ten months of 2023, Quang Ninh set the national record for FDI attraction.

DNHN - Consistently ranking first on the PCI index for the past six years, Quang Ninh is acknowledged as an appealing locale characterized by a secure, transparent, and favorable investment climate. Furthermore, Quang Ninh has garnered over $3 billion USD

Quang Ninh province attracted over 3 billion USD (equivalent to 72,164 billion VND) in foreign direct investment (FDI) capital in the first ten months of 2023, representing an increase of 41.3% compared to the corresponding period in 2022 and approximately 256% of the 2023 budget. Quang Ninh province has witnessed the accumulation of 172 foreign direct investment (FDI) projects engaged in production and business activities as of October 2023, with a cumulative registered investment capital exceeding 13.91 billion USD. After a decade of uninterrupted foreign direct investment (FDI) inflows, Quang Ninh City achieved a significant milestone by attracting over 3 billion USD in FDI. This temporarily surpassed "leaders" Hanoi, Hai Phong, and Ho Chi Minh City. Minh... will lead the nation during the initial ten months of 2023.

As a result, Quang Ninh province has issued new investment registration certificates for twenty-four projects with a combined registered investment capital of approximately $3.08 billion USD and increased capital for two projects with a total registered investment capital of approximately $3.08 billion USD within ten months. by an augmentation of 26.41 million USD. The majority of newly attracted projects are in the manufacturing and processing industries. Hong Kong has the highest total investment capital for new, attractive projects, followed by China, Taiwan, Singapore, and Sweden.

The province of Quang Ninh granted an investment registration certificate to the Jinko Solar Hai Ha Vietnam photovoltaic cell technology complex project in October alone. The project has a registered investment capital exceeding 34,657 billion VND, which is equivalent to 1.5 billion USD.

The production phase commenced and the Jinko Solar PV Vietnam photovoltaic cell technology project (Jinko 1) was formally initiated in October.

Established in January 2022, the Jinko 1 and Jinko Solar Vietnam silicon panel technology projects (Jinko 2) collaborated to construct a substantial solar panel manufacturing facility in Quang Ninh.

The project is projected to generate over 100,000 billion VND (equivalent to 4.37 billion USD) in revenue when operating at maximum capacity; 100 percent of its products will be exported to the European and American markets.

Following the preferential period, the project is projected to generate an annual budget contribution of approximately 1,400 billion VND (equivalent to 62 million USD) via corporate income tax. Simultaneously, create stable employment for approximately 4,500 individuals earning an average of 13 million VND per month.

In addition to attracting foreign direct investment, Quang Ninh's triumphant 2023 must also reflect the province's extraordinary achievement of attracting non-budgetary domestic investment just over six months prior.

Over the course of the year 2023, over 110 investors have visited Quang Ninh province in an effort to conduct research and gain knowledge regarding investment opportunities. Numerous major corporations and organizations are represented, including the following: BP (United Kingdom), JTA (Qatar), Jinko Solar, TCL (Hong Kong), Mitsubishi, Yaskawa Electric, Tamagawa Seiki, Sojitz (Japan), and Black Peony (China). At the national level,... The growing influx of investors seeking information and research on investment opportunities in Quang Ninh demonstrates the province's immense appeal.

The increasing number of billion-dollar investment projects in Quang Ninh serves as clear proof that the city remains a "safe, dependable, and appealing" location for investors throughout the region. Within the globe.

Nam Tri Duc