Dong Nai secures over US$373 mln in FDI

06:03, 27/03/2019

Dong Nai has attracted more than US$373 million in 38 foreign direct investment (FDI) projects so far this year, accounting for 37 percent of the yearly plan.

 

Inside an FDI firm in Dong Nai province
Inside an FDI firm in Dong Nai province.

Dong Nai has attracted more than US$373 million in 38 foreign direct investment (FDI) projects so far this year, accounting for 37 percent of the yearly plan.

During January-March, the province licensed 18 new FDI projects worth 152.6 million USD, and allowed 20 others to add an extra 220.5 million USD.

According to the provincial Department of Planning and Investment, most of the projects are in supporting industry that is high-tech and environmentally friendly.

Noticeable projects include the 100-million-USD project by Korean-invested Chang Shin Vietnam at Tan Phu industrial park, and Japanese-invested Semba Tohka Vietnam Co.,Ltd at Long Duc industrial park worth 9.2 million USD.

Those with additional investment comprise Hung Nghiep Formosa project from Taiwan at Nhon Trach II industrial park, and the Republic of Korea’s Hi Knit Co.,Ltd project at Nhon Trach 6 industrial park, which got an extra capital of 92.7 million USD and 50 million USD, respectively.

The province has been home to 1,901 FDI projects with a total registered capital of 34.1 billion USD. Of them, 1,400 projects worth 28.9 billion USD are operational.

(Source: VNA)