VietNamNet Bridge – About $11.5 billion of foreign investment has flown into the construction sector in Vietnam, in which South Korea accounted for 49% of projects (587) and 10.9% of capital ($2.4 billion), followed by Singapore (101 and nearly $1.9 billion) and Taiwan (109 projects and $1.5 billion).

According to the Foreign Investment Agency (Ministry of Planning and Investment), by April 20, 2015, there were a total of 1,196 FDI projects in the construction sector with a total registered capital of about $11.5 billion, accounting for 6.5% of the total FDI projects and 4.5% of total foreign capital. Real estate ranked third for attracting FDI. The average scale of projects in the construction sector was $9.64 million.

Among the countries and territories investing in Vietnam in the field of construction, Korea is leading with 587 projects with investment of $ 2.4 billion (representing 49% of total projects and 20.9% total investment of the entire construction industry).

Other countries and territories with high number of projects in the construction field in Vietnam are Japan, Malaysia, British Virgin Islands, and Hong Kong.

In the construction sector, Ho Chi Minh City attracted the most FDI capital, with 377 projects and $3 billion (31.5% of total projects and 26.5% of total capital).

Hanoi ranked second with 527 projects and $2 billion (representing 44% of total projects and 17% of total investment capital). Hai Phong came third with 18 projects and $1 billion (1.5% of the total number of projects and 9% of total investment). The next provinces are Ba Ria - Vung Tau, Binh Duong, Dong Nai, and Quang Ninh.

According to the Foreign Investment Agency, the construction sector will have more opportunities to attract more FDI in 2015 because many new economic policies take effect this year.

Dan Tri