Dong Nai province has attracted 55 foreign direct investment (FDI) projects, worth more than US$312 million, by mid-September.
Dong Nai province has attracted 55 foreign direct investment (FDI) projects, worth more than US$312 million, by mid-September.
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- It has also licensed eight new domestic projects with a total registered capitalisation of VND1.44 trillion and 55 operational projects registering an additional capital worth US$450 million.
- According to the provincial Management Board of Industrial Zones, the total FDI investment in industrial parks remained the same, but the number of newly-licensed projects doubled compared to the same period last year.
Despite the current difficult economic slowdown, Dong Nai is optimistic about foreign direct investment (FDI) inflows. Japan is one of the major foreign investors in the province with a number of newly-licensed projects accounting for 50% of the total.
The Japanese enterprises have prioritised environmentally friendly projects in high technology and support industry, which are energy efficient and have high added value..
To attract more investors, Dong Nai pays attention to accelerating administrative reform, promoting infrastructure and training to improve the quality of its labour force.
So far, Dong Nai has attracted nearly 1,250 projects of which 900 are foreign invested with a combined capital of US$15 billion.
(Source:VOV)
