The southern province of Dong Nai has given the green light for the Japanese company Pegasus-Shimatomo Auto Parts to start construction on a factory for automobile and motorbike spare parts.
The 20 million USD plant will be built at the Long Duc Industrial Zone, in Long Thanh District.
The plant is the 11th project in Dong Nai for the first quarter of 2013 with total investment in the province totaling 155.5 million USD.
Japan took the lead in foreign investment flows in the province with eight projects, bringing in 134.5 million USD in the first quarter.
Japan has also increased investment in eight other registered projects with the total investment coming up to 58.8 million USD.
The province’s industrial zones have attracted 288 million USD of foreign direct investment and 59 million USD of domestic investment in this period.-VNA
The 20 million USD plant will be built at the Long Duc Industrial Zone, in Long Thanh District.
The plant is the 11th project in Dong Nai for the first quarter of 2013 with total investment in the province totaling 155.5 million USD.
Japan took the lead in foreign investment flows in the province with eight projects, bringing in 134.5 million USD in the first quarter.
Japan has also increased investment in eight other registered projects with the total investment coming up to 58.8 million USD.
The province’s industrial zones have attracted 288 million USD of foreign direct investment and 59 million USD of domestic investment in this period.-VNA
