Dong Nai lures USD982 million of FDI capital in four months

The southern province of Dong Nai lured USD982 million of FDI capital in the first four months this year, including both newly-registered and increased capital, reported the provincial Department of Planning and Investment.

With this, Dong Nai led the country in FDI attraction with the four months, followed by Ho Chi Minh city and Hai Phong. In 2015, the province set a target of attracting USD700-900 million but the four-month figure exceeded the year’s target.

Specifically, the province licensed 28 new projects and allowed increased capital to 22 existing projects. The projects were mainly invested in industrial zones and sectors, which are suitable to the province’s prioritized fields such as supporting industryhi-tech industry, service and agricultural sector.

Dong Nai lures USD982 million of FDI capital in four months

A clothing production chain for exports at a garment company in Dong Nai. (Photo: VNA)

Ms. Bo Ngoc Thu, Director of the Provincial Department of Planning and Investment said that Dong Nai’s fulfilling the year’s target for FDI attraction was due to the province having developed specific solutions to call upon investors since the beginning of the year. In addition, the locality provided clear policies, sector and location priorities making quick investment decisions easier in Dong Nai, as well as reducing the time for administrative formalities which added to the areas attraction to investors..

Currently, operation of Ho Chi Minh City – Long Thanh – Dau Giay highway created opportunities to draws investment to Long Thanh, Thong Nhat, Trang Bom and Cam My districts.

From the start of the year, Dong Nai’s domestic investment attraction reached nearly VND1.1 trillion, including six new projects registering a capital of more than VND945 billion and three existing projects adding nearly VND152 billion. The capital was mainly invested in projects which are outside industrial zones./.

( Hoang Vy )

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