Dong Nai’s FDI attraction surpasses yearly target

Of the total, nearly US$400 million was injected into 53 new projects, while over US$600 million was added to 42 existing ones, according to Cao Tien Dung, Director of the provincial Planning and Investment Department. 

The projects are mostly funded by Japanese, the Republic of Korea, Taiwan (China) investors, mainly focusing on support industry and electronic accessory production, added he. 

Notably, Dong Won Vietnam Company invested 60 million in its fabric factory, while Shing Mark Vina poured US$100 million into its interior decoration production project and Hewaseung Vina injected US$70 million into a footwear factory. 

The investors are finalising necessary procedures to construct their factories, mostly located in industrial parks in Nhon Trach, Long Thanh and Trang Bom districts and Bien Hoa city. 

So far, Dong Nai has lured 1,600 projects worth nearly US$29 billion from 43 countries and territories, including 1,200 valid ones totalling over US$24 billion. 

Located in the southern key economic region, the province is home to 36 industrial parks covering an area of over 12,057 hectares.