Industrial parks in Dong Nai province, one of the industrial hub in southern Vietnam, attracted about 177.8 million USD in foreign direct investment (FDI) in the first month of this year.

The figure made up more than 98 percent of the total FDI poured into the locality in January last year and 19.8 percent of the target set for 2014, said Mai Van Nhon, deputy head of the Dong Nai Industrial Park Management Unit.

In the month, domestic investors also injected 60.1 billion VND (2.8 million USD) into the province, he said.
According to Nhon, 18 projects in the local industrial parks raised their existing capital by 106.1 million USD last month.

During the month, the management unit granted licences to eight new foreign-invested projects with a total registered capital of 71.7 million USD and one domestically-invested project worth 60.1 billion VND.

The parks are expected to attract 900 million USD this year, with 400 million USD coming from new projects and will prioritise large-scale projects or those using cutting-edge technologies, the official said.-VNA