SL Electronics Co. Ltd from the Republic of Korea (RoK) invested US$42.25 million into a project producing spare parts for electronic household appliances and motors, while the RoK investor HSColor injected US$20 million into a project serving the printing and producing components for mobile phones.

The two projects are scheduled to start operation in this September.

Also in the first quarter of this year, US$88 million was invested in three ongoing projects in Hai Phong.
 

So far, the city has 460 valid FDI projects with a total registered capital of US$11.113 billion.

Currently, Hai Phong is accelerating the implementation of its key infrastructure projects, including Cat Bi International Airport, Tan Vu-Lach Huyen Highway and Bridge project, Hai Phong International Gateway Port, and Bach Dang bridge.