Real estate takes lead in FDI attraction in HCMC

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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