Nghe An climbed to sixth place in the nation for attracting FDI.

DNHN - With a total new and adjusted capital increase of 1,275,21 million USD, Nghe An has risen to the sixth position in the nation for attracting foreign direct investment (FDI).

The investment attraction of Nghe An continues to yield positive results. During the first nine months of 2023, Nghe An issued new licenses to 94 projects with a total registered investment capital of 35,680.0 billion VND; adjusted 128 projects, including adjusting the total investment capital of 34 projects (increasing by 6,225.4 billion VND); and revoked a license for one project. Capital newly granted and increased totals 41,905.4 billion Vietnamese Dong. The number of new projects increased by 13.2% compared to the same period in 2022, while the amount of new investment capital increased by 1.88 times. With a total new and adjusted capital increase of 1,275.21 million USD, Nghe An has risen to sixth place out of 63 localities in attracting FDI.

Regarding the results of attracting FDI, it is known that on September 20, the People's Committee of the province of Nghe An held a ceremony to present the manufacturer with the Investment Registration Certificate for the new facility investment project Sunny Automotive Vina Optics. Sunny Group owns Summit Optical Investment Limited (Hong Kong). The project is being constructed on an area of 42,8 hectares in the WHA 1 Nghe An Industrial Park (phase 2) of the Southeast Economic Zone in the Nghi Loc district for USD 150 million. By the fourth quarter of 2025, it is anticipated that the project will be completed, put into operation, and employ approximately 20,000 people. The project is primarily concerned with the production, processing, and assembly of camera modules, mobile phone cameras, car cameras, and other electronic devices... According to design capacity, the factory will produce and export approximately 60 million car cameras and 5 million other products per year; additionally, there are approximately 327,000 m2 of office and factory space available for lease.

Mr. Nguyen Duc Trung, Chairman of the Provincial People's Committee of Nghe An Province, emphasized at the ceremony that the investor had selected the location and submitted the necessary documents and proposals to implement the project after just over two months of research and survey. The exercise of discretion. In exactly one week, Nghe An province completed the procedures and issued Sunny Group the Investment Registration Certificate. This result reaffirms Nghe An's effectiveness, determination, and efforts in promoting and attracting investment; constantly innovating and reforming to create a truly open and substantial investment environment to attract large and dynamic projects; and establishing a development ecosystem in the province's industrial parks. Consider that, when the project goes live, the ecosystem of Sunny Group and the global supply chain for electronic manufacturing projects will complete the supply chain for electronic manufacturing projects in Vietnam. The province of Nghe An and throughout the region.

"This is also the motivation to continue attracting other projects, along with local businesses, to form a circular supply chain for the electronics and high-tech sectors; Contributing to promoting growth and economic development (rapidly increasing industrial production value, import-export turnover, and budget revenue), creating jobs and stable income for the people; as a precondition for Nghe An to develop according to a sustainable and reasonable growth model. The province pledges to always accompany and create the most favorable conditions in terms of policies, the investment and business environment, the implementation of investment projects, and the production and business operations in Nghe An. It is recommended that departments, agencies, branches, the Nghi Loc district, the Southeast Economic Zone, and the WHA Industrial Zone Nghe An Joint Stock Company proactively coordinate and provide timely support to resolve recommendations, suggestions, difficulties, and investors' problems during the investment, construction, and operation of the Project" - Chairman of the Nghe An Provincial People's Committee Nguyen Duc Trung committed and directed.

Van Cuong