As of 2005, 18 foreign direct investment (FDI) projects have come to Quảng Nam with total registered capital of 107 million USD, accounting for 15 percent of the total FDI projects in the southern coastal central area and 22 percent of total registered capital in the whole area. However, the contribution of the foreign invested sector to the province’s GDP has steadily reduced since 2000. According to the General Statistics Office (GSO), in 2000 total FDI stood at 75.3 billion VND, accounting for 1.8 percent of GDP. By 2003, total FDI had fallen by 0.9 percent, to approximately 55.7 billion VND. Since 2003 the province has attracted some large scale  foreign invested projects to take advantage of the newly established Open Economic Zones, including Cathay Bank from Taiwan,  a Heavy Aircraft maintenance and repair project funded by the AAAWA corporation valued  at 500 million USD, an electricity and fertilizer production project funded by the Chinese Corporation Forum, each valued at 400 million USD. Chu Lai open economic zone is reported to have attracted 25 foreign invested projects, although it is unclear how many are in operation. Quảng Nam has also disclosed a list of projects requiring investment. Most are joint ventures, of which, foreign partners contribute the majority of the funding. These include:   List of projects calling for investment in Quảng Nam in 2005   Production of electric equipment and electrical appliances for lighting Production of sheet class Tanning and production of leather and imitation leather items Exploration and exploitation of gold mines: 5. Production of stainless steel: Production of electric equipment and electrical appliances: Production of items from Kaolin Production of garments for export: Production of high quality hard plastic Confectionery production Assembly and production of electric accessories Development of a tourist and sanatorium resort for foreigners at Phu Ninh lake Construction of Nui Thanh hotel Development of Dien Ngoc tourist village16. Construction of a fertilizer production factory Production of wood pulp, viscose fiber and paper manufacture Modernizing equipment, technology for production of silk for export Meat processing for export Production of weed-killer and insecticide Production of pharmaceutical materials Production of keramzit concrete Ship repair and building Development and operation of infrastructure of industrial parks: Production of water-proof coatings Establishing a poultry and livestock farm Planting fruit tree s and fruit juice production Production of industrial gas Production of fine art glass items for export Production of ready-mix concrete and concrete products Production of fine arts porcelain and pottery items for export Planting and processing tea for export Breeding beef cattle and producing high quality beef Production of beverage and food from swallow's nest for export Production of concrete and glass tubes for infrastructure construction Shrimp and lobster farming for export Planting decorative plants, (bonsai) flowers and clean vegetable for export