(ĐN) – On September 11, the Ministry of Planning and Investment (MoPI)’s delegation led by Deputy Director Vu Xuan Dang of Southern Foreign Investment Center (SFIC) had a working session with Dong Nai’s departments and agencies on FDI attraction in the province in the period 2001 - 2011.
(ĐN) – On September 11, the Ministry of Planning and Investment (MoPI)’s delegation led by Deputy Director Vu Xuan Dang of Southern Foreign Investment Center (SFIC) had a working session with Dong Nai’s departments and agencies on FDI attraction in the province in the period 2001 - 2011.
The session is in the framework of the project to survey the country's foreign investment attraction, launched by MoPI.
Dong Nai’s industrial parks attracted more than US$20 billion of FDI in 2001-2011 period, with 871 newly-licensed projects registering US$13.8 billion and 952 operational projects adding US$6.5 billion, reported Department of Planning and Investment.
Some US$10.2 billion of FDI capital has been disbursed so far this year, making up over 50% of the total registered capital. According to the evaluation, FDI disbursements in the period had stayed at a stable level despite the bleak economic picture.
Over the past ten years, Dong Nai has focused on removing inappropriate policies, implementing e-tax declarations, developing infrastructure and human resources, promoting administrative reforms to create favorable conditions for investors. However, more preferential policies are needed to attract more foreign investment.
At the working session, Dong Nai has also proposed that the government should promulgate regulations on post-investment management, including specific guidance for revoking investment licenses of delayed projects.
Reported by V.L
