Illustrative image (Source: VNA)

Dong Nai (VNA) – The southern province of Dong Nai has licenced seven foreign direct investment (FDI) projects in January with total capital of 62.1 million USD, up 50 percent from the same period last year.

According to the Department of Planning and Investment, among the projects, four are new, with combined investment of 22.7 million USD. Meanwhile, 39.5 million USD is injected into three underway projects.

The projects are in the support industry and friendly to the environment, and apply high technology.

Major projects are August Sport Company, a branch of the All Wells International – British Virgin Islands in Tam Phuoc industrial park of Long Thanh district with investment of 5 million USD, and the 2-million-USD Vietnam Global Production Company under the Jacon Investment Holdings Pte Limited of Singapore in Nhon Trach 2 industrial park, Nhon Phu district.

The department said that Dong Nai has so far hosted 1,754 FDI projects worth 31.9 billion USD, including 1,294 valid projects totaling 26.9 billion USD, and 460 revoked projects with investment of 5 billion USD. The projects are invested by investors from 45 countries and territories. The Republic of Korea, Taiwan (China) and Japan are leading the investors. - VNA