Business

Dong Nai: FDI attraction triples in first quarter

The southern province of Dong Nai attracted 448 million USD of foreign direct investment (FDI) in the first three months of this year, an increase of 311 percent against the same period last year.
Dong Nai: FDI attraction triples in first quarter ảnh 1Illustrative photo (Source:VNA)

Dong Nai (VNA) – The southern province of Dong Nai attracted 448 million USD of foreign direct investment (FDI) in the first three months of this year, an increase of 311 percent against the same period last year and accounting for 48.8 percent of the yearly plan.

Of the figure, over 190.5 million USD was registered to 21 new projects and the remaining 297.4 million USD went into 21 existing projects, according to the provincial Department of Industry and Trade.

Notable projects in the quarter included a carton manufacturing plant worth 24 million USD under Japan ’s Ssang Jung Vina and a machinery factory with registered capital of 26 million USD from Japan ’s Samshin Vina company.

Meanwhile, the British Virgin Islands’ Shing Mark Vina and the Republic of Korea ’s Dong-il Vietnam added 100 million USD and 51 million USD to their projects, respectively.

Dong Nai is now home to 1,577 FDI projects worth over 28.3 billion USD with 1,208 projects remaining active with 23.79 billion USD and 369 others revoked with 4.52 billion USD.

The projects are from 43 countries and territories, lead by Chinese taiwan , followed by the Republic of Korea and Japan.-VNA

VNA
#FDI attraction #foreign direct investment #FDI projects Dong Nai
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