The Prime Minister has given the green light to Bien Hoa IZ Development Company in southern Dong Nai province to build a 177 ha-industrial zone in Vinh Cuu district.
The Prime Minister has given the green light to Bien Hoa IZ Development Company in southern Dong Nai province to build a 177 ha-industrial zone in Vinh Cuu district.
The Thach Phu Industrial Zone (IZ) will bring the total number of Dong Nai-based IZs to 21 with a total area of more than 5,600 ha, leading the country in terms of area.
Dong Nai earned nearly 2.7 billion USD from exports over the past eight months, a year-on-year increase of 34 percent.
Of the figure, the foreign-invested sector contributed 2.5 billion USD, a 34.4 percent rise. Electronic components, footwear, foodstuffs, and fabric are major export products of this sector.
Meanwhile, centrally- and locally-run businesses posted increases of 32 percent and 24.5 percent, respectively, in export turnover.
Export products recording strong growth include footwear, up 102 percent; cashew nuts, 56 percent; coffee, 33 percent; and garments and textiles, 19 percent.
The province is currently home to 736 valid foreign investment projects with a total registered capital of more than 8.4 billion USD, and ranks third in the country. Of which, 565 projects are operational with a total registered capital of 6.6 billion USD, employing 230,000 workers
(Source: VNA)
