Five-month FDI capital nears $500 million in Dong Nai
The southern province of Dong Nai has attracted nearly US$483 million in foreign direct investment (FDI) in the first five months this year, according to the provincial Department of Planning and Investment.
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The FDI mostly came from Asian countries, including the Republic of Korea, Japan and Singapore. Some projects came from the British Virgin Islands and Germany.
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| Five-month FDI capital nears $500 million in Dong Nai. |
Notably, of these, $60 million is registered capital of Powerknit Viet Nam Company and $55 million of Pou Phong Viet Nam Company. The two projects have been invested by companies from British Virgin Islands and located in Bau Xeo industrial park, Trang Bom district.
The Department said that all the projects are in high technology and the supporting industry, using few labourers and causing no environmental damage.
Currently, Dong Nai is home to 1,692 projects with total investment of US$30.78 billion, including 1,275 valid projects worth US$25.94 billion.
Meanwhile, 15 domestic-funded projects have been licenced so far this year with total investment of VND6.92 trillion (US$3.04 billion).
At the same time, VND604 billion (US$28.2 million) was injected into five underway projects.
According to the department, licensed projects are environmentally friendly and not labor intensive in hi-tech and support industry fields.
Countries and territories with large scale projects comprise Japan, the Republic of Korea and Taiwan (China).
(theo VGP News)
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