The southern province of Dong Nai has attracted nearly 483 million USD in foreign direct investment (FDI) so far this year, funding 26 new and 38 existing projects.
Dong Nai (VNA) – Thesouthern province of Dong Nai has attracted nearly 483 million USD in foreigndirect investment (FDI) so far this year, funding 26 new and 38 existingprojects, according to the provincial Department of Planning and Investment.
The FDI mostly came from Asiancountries, including the Republic of Korea, Japan and Singapore. Some projectscame from the British Virgin Islands and Germany.
Notably, Pou Phong Vietnam Ltd.invested in a 55 million USD project, while Powerknit Vietnam Ltd. launched a60 million USD project, both coming from the British Virgin Islands. Long ThaiTu fabric company from the Republic of Korea added more than 50 million USD toits ongoing project in the province.
The Department said that all the projectsare in high technology and the supporting industry, using few labourers and causingno environmental damage.
Dong Nai is now home to 1,692projects with total investment of 30.78 billion USD, including 1,275 validprojects worth 25.94 billion USD.
The FDI projects’ investors arefrom 45 countries and territories, mostly the Republic of Korea, Taiwan (China)and Japan.
Meanwhile, 15 domestic-fundedprojects have been licenced so far this year with total investment of 6.92trillion VND (3.04 billion USD). At the same time, 604 billion VND (28.2million USD) was injected into five underway projects.-VNA
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Illustrative image (Source: VNA) 
