Dong Nai’s first half FDI attraction nearly meets yearly plan
The southern province of Dong Nai attracted 902 million USD in foreign direct investment (FDI) in the first six months of the year, accounting for over 90 percent of the yearly plan and up 48 percent from the same time in 2017.
Inside a paint production plant in Dong Nai province (Photo: VNA)
Dong Nai (VNA) – The southern province of Dong Nai attracted 902million USD in foreign direct investment (FDI) in the first six months of theyear, accounting for over 90 percent of the yearly plan and up 48 percent fromthe same time in 2017.
According to the provincial Department of Planning and Investment, investmentlicenses were granted to 54 FDI projects with total registered capital of over420 million USD. Meanwhile, there were 49 projects asking to increase theirinvestment capital.
Most of the projects are in line with the province’s policy which is attractinghigh-tech projects, support projects, and those which are friendly with theenvironment.
The FDI inflow came from the Republic of Korea (RoK), Taiwan (China), Japan,China, British Virgin Islands and Germany.
Large projects included a 40-million-USD Hi KNIT Co., Ltd project developed byRoK investor at Nhon Trach industrial park, a 33-million-USD Air ManufacturingInnovation Vietnam project by Dutch investor at Giang Dien industrial park, anda 32-million-USD DH Logistic Property Vietnam Co.,Ltd project by Singaporeaninvestor at Loc An-Binh Son industrial park.
Projects increasing investment capital were Dutch Bosch Gasoline Systems-HCPproject at Long Thanh industrial park, Singaporean OPV pharmaceutical JSCproject at Bien Hoa II industrial park, and Japanese SMS Manufacturing VietnamCo.,Ltd project at Long Duc industrial park.
The department said that the province is currently home to 1,804 FDI projectswith total registered capital of 32.76 billion USD, of which there are 1,335valid ones valued at 27.68 billion USD.
Dong Nai has attracted FDI projects from 45 countries and territories so far,of which the Rok, Taiwan and Japan are leading investors.-VNA
The authorities of southern Dong Nai province said they will continue assisting local businesses to research export markets and promote trade for achieving an export turnover of 18.3-18.5 billion USD.
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Inside a paint production plant in Dong Nai province (Photo: VNA) 
