(ĐN)- Over the past years, many foreign direct investment (FDI) enterprises have made success doing business in Dong Nai. Accordingly, they expanded their investment capital and activities.
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(ĐN)- Over the past years, many foreign direct investment (FDI) enterprises have made success doing business in Dong Nai. Accordingly, they expanded their investment capital and activities.
As of 2017-end, Dong Nai ranked third among localities nationwide in attracting foreign direct investment (FDI), after HCM city and Binh Duong.
According to the provincial Department of Planning and Investment, Dong Nai attracted US$27.34 billion so far this year, accounting for 8.6 percent of of FDI registered in the country.
In 1993, Thailand Charoen Pokphand Group established C.P. Vietnam Livestock Breeding J.S Company at Bien Hoa 2 industrial park. This is one of the first FDI projects in Dong Nai in the field of agriculture.
It has well positioned itself and has continuously increased its investment. As a food producer, CP Vietnam realizes its responsibility to supply the consumers with fresh and safe products. Until now, CP has invested a total of around US$261 million in Dong Nai.
Currently, the company expanded its business across the country with a total investment of nearly US$1.1 billion and created jobs for some 17,700 laborers.
General Director Montri Suwanposri of CP Vietnam said that the company currently has 10 factories across Vietnam with a total capacity of more than 4.2 million of tons per year. It is now leading agricultural enterprise in Viet Nam.
In recent years, the CP cooperated with local farmers to develop a supply chain of clean agricultural products. Annually, the company supplies 5 million of pigs, 700 million of chicken eggs, more than 80,000 tons of chicken meat to the market; it also exported 20,000 tons of processed aquatic products to the EU, Australia, China, Japan, etc
Since 2009 until now, C.P Vietnam’s leaders and employees donated more than 130,000 blood units. Besides, the company also presented thousands of Tet gifts to poor people, built hospital and awarded scholarships to children with difficult circumstances.
In 2007, Hyosung Corporation, a conglomerate from the Republic of Korea (RoK), set up Hyosung Vietnam at Nhon Trach 5 industrial park. Three years ago, Hyosung VN spent another US$660 million to expand its business in Dong Nai. It produces spandex, nylon and polyester threads, and steel wires, steel tire cords, bead wires, saw wires, used in auto manufacturing. The company is now operating in Dong Nai with a total registered investment of over US$1.5 billion, becoming the biggest investor in the province.
Currently, most of the company’s products are exported to many countries and territories worldwide. In 2017, the firm earned more than US$1.5 billion in revenue, making large contributions to the State budget.
The company has signed a memorandum of understanding with Ba Ria-Vung Tau province, pledging to pour US$1.2 billion into a polypropylene manufacturing facility, a liquefied petroleum gas (LPG) warehouse, and a LPG and petrochemical port in the coming time.
In 1995, Thailand Amata Group chose Dong Nai as its first investment in Vietnam. Accordingly, the group has been doing long-term business effectively and stably in the province. It is seen as an important economic partner who has made practical contributions to the province’s socio-economic development. A subsidiary of Thailand’s Amata Corporation, Bien Hoa city-based Amata Vietnam involves in developing real estate and industrial infrastructure. Amata Industrial Park (IP) is considered as model industrial park in Dong Nai and Vietnam as well. So far, the IP has attracted more than 150 investors from around 20 countries and territories, with total registered capital of US$2.6 billion.
In 2015, Amata Vietnam registered to invest in three hi-tech and urban area projects totaling US$635 million in Dong Nai following the success of a large-scale industrial park in the province.
Particularly, the company became the investor of an urban area covering 753 hectares in Tam An commune in Long Thanh district, while the two remaining projects – a hi-tech park and an urban area – will be developed by both affiliates of the corporation on 410 hectares and 122.3 hectares respectively in Long Thanh district.
The corporation also cooperated with Tuan Chau Group to invest some US$1.6 billion in a large-scale hi-tech industrial park in Quang Ninh
Reported by H.G
