Dong Nai records three-fold surge in FDI

Foreign direct investment (FDI) to the southern province of Dong Nai hit 186.4 million USD in the first two months of this year, surging three times against the same period last year, according to the provincial Department of Planning and Investment.

In the reviewed period, Dong Nai issued licences to 15 new projects with a total registered worth 149 million USD, and granted permission to add another 37.36 million USD into nine existing ones.

The department said that those projects are in the fields of high technology and supporting industries, which are environmentally-friendly. Some notable projects include the Chang Shin Vietnam manufacturing factory at the Thanh Phu Industrial Park with a registered capital worth 100 million USD, projects of the SYF Vietnam at the Giang Dien IP and Semba Tohka Vietnam at the Long Duc IP with 10 million USD and 9.2 million USD in capital, respectively.

Dong Nai province is home to nearly 1,900 FDI projects totalling 33.9 billion USD in capital. Of the number, there are about 1,400 valid projects worth 28.7 billion USD.

The projects belong to investors from 45 countries and territories worldwide, mostly from the Republic of Korea, Taiwan (China) and Japan.

Source: People's Army Newspaper