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SHTP aims for $600 million in investments in 2017

Jan 6th at 13:17
06-01-2017 13:17:13+07:00

SHTP aims for $600 million in investments in 2017

Saigon Hi-Tech Park has set a target to attract US$600 million in investment capital this year.

Last year, SHTP granted investment licences to 17 projects with total registered investment capital of $666.43 million, 2.7 times higher than its target.

Six of these projects were foreign-invested and had a combined registered investment capital of nearly $335 million.

Last year, five operating projects registered, increasing investment by $95 million.

As of today, SHTP has 107 valid projects worth more than $6.095 billion, of which local investors invested $1.48 billion in 67 projects.

Export revenue from enterprises in the park was worth $7.19 billion, and more than $7.06 billion was spent to import materials, machinery and equipment.

Exports are expected to reach $9 billion this year.

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