Real estate takes lead in FDI attraction in HCMC

SGGP
Real estate took the lead in the foreign direct investment (FDI) attraction during the first 11 months this year with US$984.4 million, accounting for 50.8 percent and triple the value in the same period last year, reported HCMC Statistical Office.
The field was followed by processing and manufacturing with $479.65 million accounting for 24.7 percent. Wholesale, retail, auto and motorbike repair lured $212.79 million making up 11 percent.
FDI capital reached $5.57 billion increasing 96.6 percent over the same period last year.
In November, 757 projects received investment certificates with the total registered capital of $1.94 billion and 203 projects raised investment capital by $0.9 billion.
In addition, the city permitted 2,031 investors to contribute capital or purchase shares with the total value of $2.64 billion.


By TRA GIANG – Translated by Hai Mien

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