Nghe An attracts more than 110 million USD in FDI in Q1/2025
Nghe An recorded 6,719.6 billion VND in new and adjusted investments in the first quarter of 2025. Notably, the VSIP Nghe An 3 industrial park project, with an investment of 52.5 million USD, was granted the investment policy decision.
The information was reported at the regular meeting of the People's Committee of Nghe An Province, chaired by Mr. Le Hong Vinh - Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee, on the morning of April 3.
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By the end of March 31, 2025, the province had approved investment policies and issued investment registration certificates for 10 projects with a total investment of 2,223.5 billion VND, and adjusted 38 projects, including increasing capital for 10 projects with a total increase of 4,496.1 billion VND. The total new and additional investment capital is 6,719.6 billion VND.
Of this, foreign direct investment (FDI) granted new investment to 3 projects with a total registered capital of 55 million USD and adjusted the capital for 4 projects with a total capital increase of 56.9 million USD. The total new and adjusted capital is 111.9 million USD.
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Notably, in Q1, the province completed the procedures and granted the investment policy decision for the VSIP Nghe An 3 industrial park project, with a registered investment capital of 52.5 million USD.