Industrial zones in northern Hai Phong city lured roughly 35 million USDin foreign direct investment (FDI) in February, evidencing the city’sattractive economic strategy and infrastructure system.

The HaiPhong Economic Zone Authority (HEZA) granted a new investmentcertificate to Hansung P.T.C Co., Ltd from the Republic of Korea tocarry out a project in Trang Due Industrial Park.

The project,worth 3 million USD, will focus on producing galvanised coating systemsand coating plastic products and household appliances and is scheduledto become operational this month.

Meanwhile, the HEZA issuedadjusted investment certificates for Japanese invested Zeon Vietnam toadd new business operations, adjust production scales and increaseinvested capital in VSIP Hai Phong Integrated Township and IndustrialPark. The capital was adjusted from 25 million USD to 27.69 million USD.

Two other FDI projects, also run by Japanese investors, received approval to inject a combined 27 million USD of capital.

Hai Phong continues to affirm the crucial role of FDI projects inpromoting economic restructuring and reforming the city’s growth modeltowards green growth and sustainable development, Pham Thuyen, Head ofthe HEZA, said.

He added that the HEZA and its investors areworking to accelerate the disbursement of investment in infrastructureand to support enterprises in tackling obstacles to production.

The city targets 2-3 billion USD in FDI in 2015, doubling the 2014 figures.-VNA