Sector in second place in FDI attraction last year, behind processing and manufacturing, and construction.
Real estate was one of the leading fields in foreign direct investment (FDI) attraction during 2014.
According to a monthly report released on December 15 by the Foreign Investment Agency under the Ministry of Planning and Investment, real estate was second among fields bringing in FDI to the country, seeing 35 newly-registered projects with total capital of $2.54 billion, accounting for 12.6 per cent of all registered capital for the year.
In 2013, FDI to real estate, including new and additional capital, stood at $951 million in 20 projects. The 2014 result is triple that figure year-on-year.
The FIA report showed that processing and manufacturing led the way, with 774 newly-registered projects, with new capital and additional capital totaling $14.49 billion, or 71.6 per cent of all registered capital.
In third place was construction, with $1.05 billion in new and additional capital, accounting for 5.2 per cent of the total.
|Country||Investment capital||Number of projects|
|South Korea||$7 billion||81|
|Hong Kong||$3 billion||45|
|Tuan Chau Island Entertainment Complex||$7.5 billion||ISC Corp|
|Smart Complex||$2 billion||Lotte Group - South Korea|
|Quang Yen New Residential Complex||$2 billion||Amata Group - Thailand|
|Nha Trang Beach Development||$1.25 billion||Dewan International Company - Hong Kong|
|Binh Duong Residential Complex||$1.2 billion||Becamex Tokyu Company - Japan|
- real estate