Vietnam Calls for Foreign Investment in 157 Projects in 2021-2025 Period

9:49:38 AM | 11/4/2021

Vietnam has made a list of 157 national projects in various sectors that require foreign investment of about US$71.4 billion in the 2021-2025 period, according to a decision signed by Permanent Deputy Prime Minister Pham Binh Minh.

Vietnam calls for investment in 24 projects in industrial park and economic zone infrastructure. (Illustrative image)

The 157 projects calling for foreign investment in the next five years issued by the government in nine sectors including transport infrastructure; industrial park and economic zone infrastructure; energy infrastructure; information technology infrastructure; waste and wastewater treatment systems; education and health infrastructure; cultural, sports and tourism infrastructure; agriculture, forestry and fishery; and manufacturing and services.

Transport infrastructure sees the highest number of large-scale projects with a total of 34 projects, including the urban metro line No.4 in Ho Chi Minh City with an expected investment of US$4.57 billion, and the Hon Khoai – Cau Mau seaport with an anticipated investment of about US$3.5 billion, among others.

Vietnam also calls for investment in 24 projects in industrial park and economic zone infrastructure with several outstanding projects such as the building of the infrastructure of an industrial park in the north of Ben Luc District, the building of the Ninh Co economic zone, and the Hoa Ninh industrial park.

The education and health infrastructure needs foreign investment in 10 projects including the building of a 1000-bed general hospital under the National University Hanoi in Hoa Lac, and the upgrade of Tuyen Quang general hospital, among others.

The agricultural, forestry and fishery sector sees the highest number of projects with 38 projects calling for foreign investment.

The list of 157 projects also includes basic information on location, scale, specifications, total investment, investment form, contact information and more, which will serve as the basis for the country to conduct investment promotion activities in the 2021-2025 period.

Source: NDO