Dong Nai: FDI in 5 months accounts for 88 pct of year's plan

09:06, 03/06/2016

The southern province of Dong Nai attracted US$883 million in FDI in the first five months of 2016, nearly reaching the target set for the year of US$1 billion.

The southern province of Dong Nai attracted US$883 million in FDI in the first five months of 2016, nearly reaching the target set for the year of US$1 billion.

The FDI poured in the province is expected to double in comparison with the set plan for the year.

As of May 31, 50 projects were licensed with a total registered capital of US$332 million while 38 projects were added with US$550 million.

Until now, as many as 1,600 projects, worth US$29 billion, were launched in the province, including 1,200 valid ones, valued at US$24 billion.

Japan, the Republic of Korea and Taiwan are the largest investors in the province with projects in such fields as the auxiliary industry, electronics and high technology.

(Source: CPV)