Dong Nai continues to lure foreign investment
The southern province of Dong Nai attracted US$314 million in foreign investment (FDI) in Q1 2017, up 53.4% year-on-year and reaching 31.4% of its yearly plan, announced the provincial Department of Planning and Investment.
Of the investment, US$137 million was registered to pour into 15 newly-approved projects, while US$177 million was added to 16 existing projects.
From the start of this year, new projects came mainly from the Republic of Korea (RoK), Japan, Singapore, British Virgin Islands and Germany.
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According to the Department of Planning and Investment, invested projects in Dong Nai focused on the locality’s prioritised fields such as high technology, support industry and environmentally friendly projects.
To date, a total of 1,679 FDI projects have landed the province with a combined capital of US$30.6 billion, including 1,262 valid projects worth US$25.7 billion and 417 projects worth US$4.8 billion revoked.
These projects came from 45 countries and territories, with the RoK, Taiwan (China) and Japan being the leading investors.
