Domestic firms boost investment in Dong Nai

(ĐN)- Dong Nai has attracted over VND 130 trillion in domestic investment during the first 11 months of 2024, highlighting its appeal not only to foreign investors but also to Vietnamese enterprises seeking new opportunities.

Thanks to strong infrastructure and strategic location within the Southern key economic region, Dong Nai is expected to remain a hotspot for domestic investment in new projects.

Members of Dong Nai Wood and Handicraft Association visit Phuoc An Port Project, developed by Tuan Loc Construction Investment JSC.

According to the Dong Nai Statistics Office, from January to November 21, 2024, registered domestic investment capital surged nearly 10.5 times year-on-year to about VND 130.7 trillion. Newly registered projects included 21 ventures worth nearly VND 124 trillion — a 20-fold increase — plus 20 projects increased capital by VND 8.5 trillion, up 38.3%.

Alongside fresh investments, Dong Nai’s improving business environment attracted over 4,100 new enterprises with registered capital exceeding VND 52 trillion — doubling last year’s figure — and more than 1,000 companies raised charter capital by over VND 41 trillion. Additionally, nearly 1,700 new branches and offices were established locally.

Dong Nai’s consistent policy of “government alongside businesses” regards enterprise success as local development success. The province is actively implementing its 2021–2030 planning, with a vision to 2050, aiming to build national-level projects that drive breakthrough growth and economic restructuring.

Enterprises welcome the approved provincial plan, which provides clarity on land use and project types, enabling targeted investments in key sectors such as real estate, industrial parks, tourism, logistics, agricultural processing, high-tech agriculture, and manufacturing.

Notably, logistics firms have shown strong interest in investing near Long Thanh International Airport, reinforcing Dong Nai’s strategic advantages.

In November, New Generation Construction and Development JSC from Ho Chi Minh City launched the second phase of a modern factory leasing project in Loc An - Binh Son Industrial Park (Long Thanh district), offering state-of-the-art infrastructure and security to support tenant businesses.

Meanwhile, Kim Vinh Thang Co., Ltd in Bien Hoa city invested in new casting workshops at Ho Nai Industrial Park to boost production capacity and quality, seeking partnerships with Japanese manufacturers and welcoming domestic and foreign collaborators to visit and explore supply chain opportunities.

Dong Nai’s proactive approach continues to open new doors for domestic enterprises, fostering sustainable economic growth and integration.

Reported by V. Gia