Real estate attracted most of the sum, US$145.1 million or 43 percent of the total. It was followed by science - technology (US$57.5 million, 17 percent) and processing - manufacturing industry (US$41 million, 12.1 percent), the municipal Department of Planning and Investment said.
The southern economic hub lured only three new foreign investment projects worth US$115 million in January and February, it said, citing complex developments of the COVID-19 pandemic around the world as the reason.
Up to 99.7 percent of the new capital was channeled into real estate, with 29.6 percent from Singapore and 70.1 percent from the Netherlands.
From the year’s beginning to February 20, HCM City saw 22 existing projects have US$53.3 million added to their registered capital.
Foreign investors also spent US$169.5 million on capital contributions to or share purchase in local firms during the time, data showed.