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Dong Nai draws over 456 million USD in FDI

The southern province of Dong Nai has granted investment licences to 56 foreign direct investment (FDI) projects worth 456.6 million USD, fulfilling 45.6 percent of the yearly target.
Dong Nai draws over 456 million USD in FDI ảnh 1Dong Nai draws over 456 million USD in FDI (Photo: VNA)

Dong Nai (VNA) – The southern provinceof Dong Nai has granted investment licences to 56 foreign direct investment(FDI) projects worth 456.6 million USD, fulfilling 45.6 percent of the yearlytarget.

Half of the projects are newly invested withtotal capital of 151.5 million USD while the remaining are allowed to increasecapital by 304.9 million USD, according to the provincial Department ofPlanning and Investment, saying most of them apply advanced technologiesfriendly to the environment.

Notable projects include the manufacturing ofelectronic spare parts with total registered investment of 25 million USD fromJapan, the Singapore-invested project specialising in pharmaceutical productionworth 47.7 million USD, the Netherlands’ Bosch Gasoline Systems – HCP project worthover 71 million USD manufacturing mechanical equipment, and the 47 million USD processingand manufacturing project invested by Japan.

Most of FDI projects in Dong Nai are from theRepublic of Korea, China’s Taiwan, Japan, China, Singapore and Germany.

So far, Dong Nai has counted 1,778 FDI projects withcombined investment capital of 32.3 billion USD, including 1,309 valid projectsworth 27.2 billion USD. The province attracted investors from 45 countries andterritories with the Republic of Korea, China’s Taiwan and Japan topping thelist.-VNA
VNA
#Dong Nai province#investment licenses#foreign direct investment#FDI#projects#Department of Planning and Investment#manufacturing#processing#the Republic of Korea#China’s Taiwan#Japan#China#Singapore#Germany#Vietnamplus#Vietnam News Agency
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