Hanoi grants 50 new investment licences in eight months

Posted on 29 August 2007

The Management Board of Industrial and Processing Zones in Hanoi on August 24 announced the granting of new licences to 50 investment projects worth more than VND679 billion in the first eight months of this year.


It also provided certificates to three additional capital projects in industrial zones (IZs) in Cau Giay, Hai Ba Trung and Dong Anh.


To meet the demand for production space and reduce environment pollution in the inner city, Hanoi built two pilot medium and small-sized IZs in Vinh Tuy (Thanh Tri district) and Phu Thi (Gia Lam district), bringing the total number of IZs to 18.


Medium-and-small sized IZs brought out more than VND452.9 billion turnover and generated nearly 6,000 stable jobs for local people, contributing to the capital’s socio-economic development.


By the end of this year, the board plans to grant 40 investment licences to businesses in Ninh Hiep, Hapro and Mai Dinh and renew investment certificates for 15 businesses with total additional capital of VND120 billion.


BVOM, August 28, 2007

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