The upward trend reflects positive signs of the city’s economic growth.
In particular, some 451 foreign direct investment projects in the city were granted investment certificates with total capital of $ 472.16 million, rising 22.6 percent in term of newly registered projects and 9.2 percent in term of investment capital over the same period of 2018.
HCMC attracted $ 2.77 billion of FDI capital in Jan-May 2019.
Real estate led among sectors attracting FDI, followed by professional activities and science and technology, wholesale and retail, repair of automobiles, motorcycles, motorbikes, processing and manufacturing, information and communication.
Official statistics showed that diversified investment capital in the real estate sector came from British Virgin Islands’ enterprises who poured the largest investment capital, followed by businesses from South Korea, Japan, Singapore and Hong Kong.
Regarding the projects that had to change the certificates of investment registration, investment licenses and newly- registered investment, there were 102 licensed projects in previous years adjusted investment capital with total capital of $ 214.54 million.
HCMC also allowed 1,719 foreign investors implementing procedures related to capital contribution, purchase of shares and rebuying the capital contribution of local enterprises with registered capital of $ 2.08 billion.
