Indian State-run bank keen on collaboration with Dong Nai

A delegation from the Export and Import Bank of India (EXIMBANK) on May 15 paid a fact-finding tour to the southern province of Dong Nai to seek partnership opportunities.
A delegation from the Export and Import Bank of India (EXIMBANK) on May 15 paid a fact-finding tour to the southern province of Dong Nai to seek partnership opportunities.

During a working session with the delegation, Vice Chairman of the provincial People’s Committee Nguyen Phu Cuong said the locality has zoned off 31 industrial parks, 27 of which have been put into operation.

Currently, the province is calling for investment into the parks, he said, proposing that the EXIMBANK Indian will help encourage Indian enterprises to invest in Dong Nai.

A representative from the Indian delegation said as a State-run agency tasked with assisting Indian enterprises in investing abroad and exporting, the delegation’s visit aims to study local investment policies and locations for possible Indian investment, focusing on textile, dyeing, electronics and health equipment.

The bank proposed that Dong Nai put aside 50 hectares in an industrial park for Indian businesses to build their textile and dyeing factories.

The provincial leader suggested that the investors should construct their textile and dyeing factories in Nhon Trach and Nhon Trach 6 industrial parks in Nhon Trach district.-VNA

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