Illustrative image (Photo: VNA)

Dong Nai (VNA) – The southern province of Dong Nai has attracted 1.02 billion USD in foreign direct investment (FDI) so far this year, exceeding its target for the year.

According to the provincial Department of Planning and Investment, as of early November, 58 FDI projects were approved with total capital of 350 million USD, while 90 other projects received an additional 670 million USD.

So far, the province has exceeded its 2017 target by 2 percent.

Some major projects the province has hosted include 60 million USD Powerknit Vietnam company invested by the British Virgin Islands, the 55 million USD Pou Phong Vietnam company, also from the British Virgin Islands, 38 million USD Seah Vietnam steel company, and the 25 million USD Saite Power Source Vietnam company from Hong Kong (China).

Meanwhile, 80 million USD was injected into Pou Sung Vietnam company, 50 million USD was poured into Full Way company, and 40 million USD was added to Powerknit Vietnam company.

The department reported that so far, Dong Nai has attracted 1,724 FDI projects worth 31.12 billion USD, including 1,285 valid ones with total capital of 26.2 billion USD.

The projects are owned by investors from 45 countries and territories, with most from the Republic of Korea, Taiwan (China) and Japan.-VNA