Dong Nai plans to expand industrial parks (IPs) and continue improving the business climate to lure foreign investment following the containment of the third COVID-19 outbreak.
Dong Nai plans to expand industrial parks (IPs) and continue improving the business climate to lure foreign investment following the containment of the third COVID-19 outbreak.
The Government has recently allowed Dong Nai province to convert 6,500ha of farm land to new IPs and expansion of existing IPs to address a shortage of space.
Six localities in the province such as Long Thanh, Cam My, Thong Nhat, and Trang Bom, and Nhon Trach districts and Long Khanh city plan to build more IPs, each between 200ha and 900ha.
Dong Nai will also expand existing IPs as they are all nearly full. Thirty-five of them have received approval from the Government, though only 31 are in operation and one more is under construction, with a total area of over 10,000ha.
To date, 1,700 companies have invested in Dong Nai, including more than 1,200 foreign firms from 43 countries and territories. The province wants to develop logistics, construction, healthcare and housing.
(Source: VNA)
