Addressing the conference, Director of the MoIT's Foreign Investment Agency Do Nhat Hoang said the event aims to introduce trends of investment demands to Indian enterprises, including prioritized sectors and areas calling for investment, and preferential and investment support policies. Hoang briefed participants on Binh Duong province’s socio-economic development. Accordingly, Binh Duong is home to 4,016 projects worth over 37 billion USD from 65 countries and territories, including 10 Indian projects totaling 116 million USD. It ranks second nationwide in terms of FDI attraction behind Ho Chi Minh City. The province is accelerating the construction of a science and technology industrial park, and the World Trade Center in Binh Duong New City project in connection with planning transport infrastructure and logistics system, and training quality human resources. Representatives from Indian firms said they want to invest in biotechnology, pharmaceuticals, medical equipment, … [Read more...] about Southern localities look to attract more investment from India
