Long An strengthens to review and withdraw 15 investment projects

Vice Chairman of Long An People's Committee - Nguyen Van Ut checks the progress of investment in IDICO Industrial Park in Huu Thanh commune, Duc Hoa district

At the same time, it continues to review and adjust the land use planning, check and inspect the environment, regularly check the progress of investment projects and handle many violations. Especially, in the first 4 months of the year, the province has decided to withdraw and terminate the operation of 7 foreign direct investment (FDI) projects with a total registered investment capital of 5.4 million USD and 8 domestic direct investment (DDI) projects with a capital of 226 billion VND.

In the past 4 months, Long An has 440 newly established enterprises with a total registered capital of about 4,308 billion VND (decreased 19 percent in the number of newly established enterprises compared to the same period, down 46 percent in registered capital). Up to now, there have been 11,796 enterprises operating in the province with a total registered capital of 308,389 billion VND.

Also in the past 4 months, Long An has attracted and granted 75 new FDI and DDI projects. In which, there are 41 DDI projects with newly registered investment capital of 6.515 billion VND and 10 projects increasing capital of 2,251 billion VND. Up to now, Long An has 1,953 DDI projects with a registered capital of 230,300 billion VND.

In the first 4 months, Long An granted 34 new FDI projects with investment capital of 224 million USD. Up to now, there are 1,053 FDI projects in the province, with registered capital of 6,449 million USD. In particular, there were 585 projects in operation, accounting for 55.5 percent of the total project and total investment capital of USD 3,624 million, accounting for 56.1 perrcent of the total registered capital./.

By Mai Huong - Translated by Duc Tam

Source: http://baolongan.vn/long-an-tang-cuong-ra-soat-thu-hoi-15-du-an-dau-tu-a95138.html