Dong Nai’s FDI attraction surpasses yearly target
The southern province of Dong Nai has so far this year attracted over 1.14 billion USD in foreign direct investment (FDI), surpassing its yearly target by 14 percent, the province’s industrial zones management board said on August 13.
Illustrative image (Source: VNA)Dong Nai (VNA) – The southern province of Dong Nai has so far this year attracted over 1.14 billion USD in foreign direct investment (FDI), surpassing its yearly target by 14 percent, the province’s industrial zones management board said on August 13.
Since the beginning of the year, 73 FDI projects have been licensed in local industrial zones, with a total investment capital of 551.8 million USD. Meanwhile, 64 other projects have registered additional capital of 595 million USD.
Most FDI projects in Dong Nai province are in support and clean industries.
Also in the period, the province licensed eight domestic projects worth 1.13 trillion VND and allowed one project to add 266 billion VND to its capital.
According to the provincial People’s Committee, foreign investors continued to choose Dong Nai as their destination thanks to the locality’s efforts in administrative reform and its improved infrastructure.
As part of the southern key economic region, Dong Nai set a target of luring 1 billion USD in FDI this year.-VNA
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