FDI inflow to Dong Nai province breaks target

The southern province of Dong Nai secured 1.46 billion USD for 190 FDI projects during January-October, surpassing its annual target by 46 percent.
FDI inflow to Dong Nai province breaks target ảnh 1At Nhon Trach 6 industrial park (Photo: reatimes.vn)

Dong Nai (VNA) – The southern province of Dong Nai secured 1.46billion USD for 190 FDI projects during January-October, surpassing its annualtarget by 46 percent.

According to the provincial Department of Planning and Investment, localauthorities had licensed 93 new projects with total registered capital of 800million USD, while allowing capital adjustments worth nearly 670 million USDfor 97 existing projects.

Most of the projects are involved in the supporting industry and use advancedtechnology that is environmentally friendly with skilled workers, it said.

Notable projects include the 33 million USD Watakyu Vietnam Company Limited froma Japanese investor at the Amata industrial park in Bien Hoa city, the 40million USD SEA project from a Korean investor at the Nhon Trach 6 industrialpark in Nhon Trach district, and the 72 million USD Otsuka Techno VietnamCompany Limited from a Japanese investor at the Nhon Trach industrial park,also in Nhon Trach district.

The department said the province is now home to 1,447valid FDI projects worth 29.8 billion USD.

Businesses from 45 countries and territories have invested in the province, withthe Republic of Korea, Taiwan (China) and Japan leading the way./.
VNA

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