Dong Nai lures USD2.9 billion from ASEAN investors

ASEAN countries have so far invested in 68 projects, capitalized with USD2.9 billion in the southern province of Dong Nai, reported the provincial Department of Planning and Investment.

ASEAN countries have so far invested in 68 projects, capitalized with USD2.9 billion in the southern province of Dong Nai, reported the provincial Department of Planning and Investment.

Of this, Singapore is the biggest investor in the province at nearly USD2 billion in 48 projects, followed by Thailand at USD751 million in 34 projects and Malaysia at over USD600 million in 31 projects.

Ms. Bo Ngoc Thu, Director of the provincial Department of Planning and Investment said that Dong Nai plans to lure USD700-900 million of FDI capital in 2015. However, by April 2015, the locality had already drawn USD982 million, higher than the year’s target.

Dong Nai lures USD2.9 billion from ASEAN investors

ASEAN countries poured capital in 68 projects in Dong Nai. (Photo: VNA)

Dong Nai did not set a high target for FDI attraction in 2015 because the province’s policy focuses on investment in projects in phi-tech and support industry with environmentally friendly factors, said Ms. Thu. The province’s fulfilling the year’s plan sooner than expected was thanks to specific measures calling upon investors since the beginning of the year.

From early May 2015, the Dong Nai provincial Department of Planning and Investment officially received and settled dossiers under one-stop shop and inter-agency one-stop shop mechanisms for seven fields, including business registration, arrangement for investment location, granting investment licenses, granting investment incentives in agriculture, plans for contractor selection, evaluating investment policy and evaluating NGO-funded projects./. asures the set of factors and policies that enable the sustainable development of the Travel & Tourism (T&T) sector, which in turn, contributes to the development and competitiveness of a country./.

( Hoang Minh )

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