Dong Nai revokes licenses of 418 FDI projects

09:10, 09/10/2017

(ĐN)- Dong Nai has to date revoked the investment licenses of 418 foreign direct investment (FDI) projects worth over US$4.8 billion.

 

(ĐN)- Dong Nai has to date revoked the investment licenses of 418 foreign direct investment (FDI) projects worth over US$4.8 billion.

The revocation was made as investors failed to build wastewater treatment systems or implemented their project with snail progress.

Dong Nai is home to 1,300 valid projects worth more than US$26 billion. In recent years, investors from South Korea, Taiwan, Japan, Thailand and Singapore have flocked to the province to grab investment opportunities.

Reported by K.M