Dong Nai ranks third in FDI attraction

09:09, 03/09/2012

(ĐN)- Dong Nai attracted more than US$1 billion in new and added foreign investment in the first eight months of this year, ranking third in the country after Binh Duong province and Hai Phong city.

(ĐN)- Dong Nai attracted more than US$1 billion in new and added foreign investment in the first eight months of this year, ranking third in the country after Binh Duong province and Hai Phong city.

Sản xuất tại Công ty TNHH Hisamitsu VN (Khu công nghiệp Biên Hòa 2). Ảnh: K. NGÂN
Hisamitsu VN's production line

The province licensed 34 new FDI projects in the period, with a total investment of approximately US$600 million and 44 existing projects added capital worth over US$445 million. Of the total value, more than 80 percent comes from Japan.

Most of the FDI is poured into hi-tech and production projects, with the biggest invested by Japan’s Lixil worth 441 million USD while Hyosung VN registered to increase its capital by US$250 million.

Dong Nai is expected to lure more than US$1.2 billion in FDI this year, much higher compared to US$943 million in 2011.

Reported by V.L