Dong Nai draws almost 156 million USD in FDI in Jan-Feb
The southern province of Dong Nai has licensed eight foreign direct investment (FDI) projects worth 31.7 million USD and one domestic project worth 200 billion VND (8.8 million USD).
A garment-textile firm in Dong Nai province (Photo VNA)
Dong Nai (VNA) – The southernprovince of Dong Nai has licensed eight foreign direct investment (FDI)projects worth 31.7 million USD and one domestic project worth 200 billion VND(8.8 million USD).
According to the management board of industrialparks, nine existing FDI projects were permitted to increase their capital by115.4 million USD.
The newly-licensed projects included footwearprojects invested by August Sport Co., Ltd. with total investment of 15 millionUSD and DY Boiler Vina Co., Ltd. with total investment of 7 million USD.
HENKEL Adhesive Technologies Co., Ltd. and InziVina Co., Ltd registered to increase their capital by over 19 million USD and18 million USD, respectively.
Newly-licensed and increased capital projectsfocus on mechanic industry, electronics, garment-textiles, and footwear.
So far, Dong Nai has been attracting nearly 32billion USD in FDI with 1,300 valid projects invested by firms from 45countries and territories. The top investors are the Republic of Korea, Taiwanand Japan.-VNA
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Disbursement of foreign direct investment (FDI) this year in the southern province of Dong Nai has reached 1 billion USD, meeting the target set for the whole year.
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