Taiwan, RoK top foreign investors in Dong Nai
Taiwan (China) and the Republic of Korea (RoK) have been the leading foreign investors in the southern province of Dong Nai with investment capital surpassing US$5 billion, according to the provincial Department of Planning and Investment.
Taiwan topped the list of over 40 countries and territories investing in the province with 283 projects worth nearly US$5.13 billion, followed by the RoK with 312 projects capitalised at over US$5 billion.
Their investment is focusing mainly on footwear, garment, wooden products, electronics, and products serving support industries.In February, local industrial parks attracted 14 foreign direct investment (FDI) projects with registered capital of US$170 million, 2.6 times higher than that of the same period last year, according to the Management Board of the Dong Nai Industrial Zones.
Also during the month, 17 FDI projects registered additional capital worth US$299 million, up 4.2 times, the board added. In the first two months of 2016, the total FDI capital pouring into the local industrial zones reached US$464 million.
This year, Dong Nai targets to attract US$1 billion in investment.