Dong Nai grants investment certificates to 3 FDI projects totalling nearly 550 million USD

On February 5, at the Conference on Meeting with Foreign Direct Investment (FDI) Enterprises, the Dong Nai Provincial People’s Committee awarded investment registration certificates to three FDI projects, including two new projects and one capital expansion project. The total registered investment capital granted in this round was nearly 550 million USD.

Attending the conference were Deputy Secretary of the Provincial Party Committee (PPC) Vo Tan Duc and Members of the Provincial Party Standing Committee, including Nguyen Kim Long, Standing Vice Chairman of the Provincial People’s Committee; Truong Thi Huong Binh, Director of the Department of Finance; along with leaders of provincial departments and agencies.

Deputy Secretary of the Provincial Party Committee Vo Tan Duc and Member of the Provincial Party Standing Committee, Standing Vice Chairman of the Provincial People’s Committee Nguyen Kim Long present the investment certificate to the Sembcorp Integrated Hub Dong Nai 1 project. Photo: Ngoc Lien

Specifically, the Jabil Technology Vietnam Co. Ltd. factory project originates from Singapore. It will be implemented at Nhon Trach II – Nhon Phu Industrial Park, Nhon Trach commune, Dong Nai province. Jabil Technology operates in the fields of manufacturing and processing office and computer equipment, data storage devices, communications equipment, and industrial consumer electronic products. The project has a total registered investment capital of 80 million USD.

The second project awarded an investment registration certificate in this round also comes from Singapore: the Sembcorp Integrated Hub Dong Nai 1 project, located in Loc An – Binh Son Industrial Park, Long Thanh commune, Dong Nai province. This project operates in the field of leasing factories, factory-attached offices, and auxiliary facilities, with a total registered investment capital of 69.65 million USD.

Deputy Secretary of the Provincial Party Committee Vo Tan Duc and Member of the Provincial Party Standing Committee, Standing Vice Chairman of the Provincial People’s Committee Nguyen Kim Long present the investment certificate to the Jabil Technology Vietnam Co. Ltd. factory project. Photo: Ngoc Lien

In addition to the two new investment projects, the HAOHUA (Viet Nam) tire manufacturing plant project of HAOHUA Viet Nam Co. Ltd., under the HAOHUA Group of China, located at Minh Hung – Sikico IP, Tan Khai commune, Dong Nai province, was approved for an additional 400 million USD in investment capital. The project specializes in manufacturing semi-steel radial tires and all-steel radial tires for automobiles and other vehicles, bringing its total registered investment capital in Dong Nai to 900 million USD.

Notably, to approve the capital expansion of the HAOHUA (Viet Nam) tire manufacturing plant project in Tan Khai commune, the Dong Nai Economic and Industrial Zones Authority completed the licensing process in under 24 hours. This endeavor demonstrates efforts to improve the investment environment and the province’s commitment to supporting and accompanying enterprises investing and operating in Dong Nai.

Deputy Secretary of the Provincial Party Committee Vo Tan Duc and Member of the Provincial Party Standing Committee, Standing Vice Chairman of the Provincial People’s Committee Nguyen Kim Long present investment certificates to the projects. Photo: Ngoc Lien

Dong Nai is one of the country’s leading industrial hubs. To date, the province has established 58 industrial parks, of which 43 are currently operational, totaling more than 14,600 hectares and with an average occupancy rate of approximately 76 percent.

By Ngoc Lien – Translated by M.Nguyet, Minho