Thursday, May 15, 2008

Ba Ria - Vung Tau attracts 1.7 billion USD

So far this year, the southern province of Ba Ria -Vung Tau has lured 1.7 billion USD from five domestic investment projects and eight foreign direct investment projects.

In 2008, the province invested more than 1 trillion VND for the infrastructure development of Industrial Zones (IZs) and 20 billion VND for land clearance.

Currently, Ba Ria – Vung Tau has 12 IZs, covering 3,200ha. Fifty percent of IZs have been occupied with a rate of 80-100 percent.

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