Real estate remains second rank in FDI attraction

Real estate continued to be ranked second in the list of 14 fields that need foreign direct investment (FDI) attraction in the first four months this year, reported the Foreign Investment Agency under the Ministry of Planning and Investment.

An under construction building in HCMC (Photo: SGGP)

Foreign companies invested in 14 fields with a total registered capital of US$4.29 billion accounting for only 78 percent of the same period last year.

Of these, real estate was ranked second with ten new registered and four capital-added projects at a total fund of US$461.5 million, up US$134.5 million over a year ago and holding 10.7 percent of total FDI capital.

The country had 592 new FDI projects worth US$2.95 billion this year, occupying nearly 73 percent of the same period last year. Investors registered to supplement US$1.34 billion in 210 projects, accounting for 81 percent.

By Khoi Nguyen – Translated by Hai Mien

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