Some of them signalled readiness to sign memoranda of understanding with the province, committing to invest in major projects. These include onshore, nearshore, and offshore wind farms with a planned capacity of 2,000 MW and an estimated capital outlay of around 4.8 billion USD. At present, Binh Dinh province is prioritising projects aimed at bolstering key pillars of economic growth in the foreseeable future, including industries, tourism services, seaports-logistics, hi-tech agriculture and urbanisation. According to the provincial Department of Planning and Investment, the entire province has attracted 76 domestic projects valued at more than 15.2 trillion VND, and six foreign-invested ventures valued at 46.2 million USD since the beginning of this year. The province is now home to a total of 91 FDI projects, with total registered capital surpassing 1.187 billion USD./.

Source: Viet Nam News December 26, 2023 17:40 UTC