Dong Nai lures USD335 million worth of foreign investment capital

Wednesday, 11/04/2018 15:58
(CPV) - Dong Nai attracted USD335 million of foreign direct investment (FDI) capital in the first three months of 2018, fulfilling 35% of the year’s plan and 95% of the same period last year, said Mr. Nguyen Huu Nguyen, Deputy Director of the provincial Department of Planning and Investment.

Photo for illustration. (Source: CPV)

The capital included USD85 million of newly-licensed projects and USD270 million of 17 on-going projects.

Capital of the newly-licensed projects was mainly invested in industrial zones such as Long Duc, Long Thanh, Tam Phuoc, Amata and Giang Dien.

In the three months, the Republic of Korea, Japan and Singapore poured much capital in the locality with many projects increasing capital, such as OPV Pharmaceuticals Company (Singapore) with more than USD47 million and Manufacturing Vietnam Company Limited (Japan) with USD47 million.

According to Mr Nguyen, projects in Dong Nai are suitable for the province’s policy of selective investment attraction, giving priority to hi-tech projects, skilled workers, supporting industries projects and environmentally friendly projects.

Aiming to improve the investment climate and enhance FDI attraction, the Department will mobilize capital sources to invest in infrastructure, especially those of planned industrial clusters and new urban areas./.

BTA

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