Business

Dong Nai lures 1 bln USD, leads in FDI in first half of 2015

Southern Dong Nai province has attracted more than one billion USD in Foreign Direct Investment (FDI) during the first half of 2015, said the provincial Department of Investment and Planning.
Southern Dong Nai province has attracted more than one billion USD inForeign Direct Investment (FDI) during the first half of 2015, said theprovincial Department of Investment and Planning.

The figure included 834 million USD funnelled into 45 newly approvedprojects and over 184 million USD added to 36 existing ones.

According to Tran Ngoc Liem, Deputy Director of the Vietnam Chamberof Commerce and Industry (VCCI) in Ho Chi Minh City, Dong Nai has beenthe country’s biggest FDI recipient since early this year.

The locality is currently home to 1,496 FDI projects with a combinedinvestment of 27.1 billion USD, including 1,141 valid projects to dateworth 23 billion USD.

The province has adopted anumber of preferential policies to boost the supporting industry and toforeign projects that include transfers of advanced technology.

It has supported personnel training and business links within thesupporting industry while working with the Bureau of Economy, Tradeand Industry of Japan’s Kansai region to call for more investment in thesector.-VNA
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