Business

Dong Nai attracts 640 million USD in FDI in first half

The southern province of Dong Nai has lured 640 million USD in foreign direct investment (FDI) in the first six months of the year, reaching 64 percent of its yearly plan.
Dong Nai attracts 640 million USD in FDI in first half ảnh 1 The southern province of Dong Nai has lured 640 million USD in foreign direct investment (FDI) in the first six months of the year (Photo: VNA)

DongNai (VNA) – The southern province of Dong Nai has lured 640 millionUSD in foreign direct investment (FDI) in the first six months of the year,reaching 64 percent of its yearly plan, said the provincial Department ofPlanning and Investment.

Thesum came from 37 new and 51 existing projects. According to the department, allthe projects are in high technology, supporting industry and are environmentallyfriendly. They are in line with the province’s policy to prioritise hi-techprojects.

Mostof the projects in Dong Nai in the period were from the Republic of Korea (RoK),Japan, Singapore, Germany and the British Virgin Islands.

Notably, Pou Phong Vietnam Ltd. invested in a 55 millionUSD project, while Powerknit Vietnam Ltd. launched a 60 million USD project,both coming from the British Virgin Islands. Chang Hae Vietnam company and LongThai Tu fabric company from the RoK added 20 million USD and 50 million USD totheir ongoing project in the province.

Dong Nai is home to 1,703 projects with totalinvestment of nearly 31 billion USD, including 1,286 valid projects worth 26.1billion USD and 417 revoked projects worth 4.8 billion USD.

The FDI projects’ investors are from 45 countries andterritories, mostly the RoK, Taiwan (China) and Japan.-VNA




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