Business

Asian countries splash out on Dong Nai in 10 months

The Republic of Korea, Japan and China’s Taiwan were the top three investors in the southern province of Dong Nai in the first 10 months of 2016.
Asian countries splash out on Dong Nai in 10 months ảnh 1Illustrative image (Source: ​baodongnai.com.vn)

Dong Nai (VNA) – The Republic of Korea, Japan and China’s Taiwan were the top three investors in the southern province of Dong Nai in the first 10 months of 2016.

During the period, Dong Nai reeled in 1.75 billion USD worth of foreign capital, surpassing its yearly plan by 75 percent.

Of the total, 1 billion USD were poured into 79 new projects, while the remaining sum was invested in 77 existing projects.

The Republic of Korea topped the foreign direct investment (FDI) list with 32 projects worth 146 million USD, followed by Japan (11 projects, 52 million USD) and Taiwan (9 projects, 40.5 million USD).

Notable projects included the Thai-funded Amata Long Thanh city registered at 309 million USD and a Korean-funded project by Dong Won Vietnam Co. Ltd at 60 million USD.

According to the Department of Planning and Investment, Dong Nai is home to 1,233 valid projects with total capital hitting 25.5 billion USD. Investment from the RoK, Taiwan and Japan have been taking the lead among 44 countries and territories investing in the province.-VNA

VNA
#FDI#foreign capital#Asian investors
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