Foreign investment dries up in January
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Foreign direct investment in January was down 84.3 percent year on year to US$187 million, the Ministry of Planning and Investment reported.
There were 40 new projects with a total investment of $182.3 while five existing ones increased their registered capital by $5.3 million.
However, the report was compiled on the 24th and so does not include some projects licensed subsequently, including First Solar Corp’s $1.2-billion project to produce solar modules.
The manufacturing sector continued to top the list with 15 projects worth $70 million. It was followed by construction with nine projects worth $63.3 million, retail, and research and development.
