Dong Nai: Domestic investment increases by over 29%
Wednesday, 17/06/2020 18:08 (GMT+7)
In the first 5 months of the year, despite the complex development of COVID-19, the southern province of Dong Nai attracted nearly USD15.4 trillion in domestic investment, a year-on-year increase of over 29%, the provincial Department of Planning and Investment has said.
The residential area project in Long Thanh district uses an investment of VND3 trillion. (Photo: baodongnai.com.vn)
According to the department, the investment mainly focused on real estate and hydropower.
The investment made the number of valid domestic investment projects as of early June reach 984, with a capital of nearly VND267.8 trillion.
The province’s advantages of transport infrastructure and the Long Thanh international airport helped attract domestic investors to real estate. Of which, Nhon Trach and Long Thanh districts attracted the largest amount of domestic investment. Besides, the province puts into use land from over 300 residents, mainly in Nhon Trach, Long Thanh, Trang Bom and Bien Hoa localities.
Some projects registered with a capital of up to trillions of VND, including the residential area project in Nhon Trach district using some VND2.5 trillion from 3 Hanoi companies; the residential area in Long Thanh district invested with over VND3 trillion by a company from the southern province of Binh Duong.
In hydropower, Electricity of Vietnam (EVN) has been licensed by the provincial People's Committee to invest in the expanded Tri An Hydroelectric Plant project in Hieu Liem commune, Vinh Cuu district, with a registered capital of more than VND3.700 trillion, making it the largest domestically invested project so far. Once completed, the plant is expected to contribute some VND100 billion per year to the provincial budget./.
Compiled by BTA
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