Many FDI enterprises gain additional capital

11:10, 21/10/2015

(ĐN)- Over the past three years, many foreign direct investment (FDI) projects in Dong Nai registered to increase their capital.

Fujitsu's production line
Fujitsu's production line.

(ĐN)- Over the past three years, many foreign direct investment (FDI) projects in Dong Nai registered to increase their capital.

Accordingly, around 253 FDI projects in the province, mostly from South Korea, Taiwan and Japan, received extra investments of more than US$2.4 billion in the period.

Particularly, an additional US$790 million was injected into 78 FDI projects in 2013, nearly US$1.17 billion in 98 added capital projects in 2014, and 77 projects registered to increase their capital by a total of more than US$483 million in the first nine months of this year, mainly in footwear production, garment and textile, an average extra investment of US$9.6 million per project.

This positive sign confirmed the improved confidence of foreign investors in the province’s development potential and stability.

Fibre producer Hyosung Vietnam Limited Company spent another US$660 million to expand its business in Dong Nai. This is the sixth increase in the company’s capital since 2011, raising its total investment in Vietnam to over US$995 million.

Besides Hyosung, the Fujitsu VN in Bien Hoa 2 industrial park has also upped its investment from US$77.7 million in 1995 to US$199 million now to expand its production while the Changshin VN and Taekwang Vina have spent US$80 million and US$56 million, respectively, for their factories.

Reported by H.G