Dong Nai posted over 623 million USD in foreign direct investment (FDI), in the first six months of this year, two times higher than the same period in 2022, the People's Committee of Dong Nai Province announced on June 30.
Dong Nai posted over 623 million USD in foreign direct investment (FDI), in the first six months of this year, two times higher than the same period in 2022, the People’s Committee of Dong Nai Province announced on June 30.
 |
| Employees working at an FDI factory in Dong Nai. |
Despite double foreign investment in the first six months of this year, all projects are small-scale projects.
Almost all new FDI projects rent factories to operate in the areas of mechanical engineering, food, energy, and others, which are not on the list of environmental pollution and labour-intensive industries.
According to the provincial Department of Planning and Investment, the remaining industrial land available for lease in the province is very small, making it impossible for the province to attract large FDI projects.
The province is making efforts to speed up land clearance in industrial parks and complete the procedures for establishing eight new industrial parks, according to the planning approved by the Prime Minister.
Dong Nai Province now has 1,585 valid FDI projects, with a total capital of 33.8 billion USD, being one of the leading localities in the country, in terms of FDI attraction.
