Dong Nai attracts 75 new FDI projects in 2014

Friday, 26/12/2014 16:16

 Garment and textile production for export
in Dong Nai. (Photo: VNA)

(CPV) – The Southeastern province of Dong Nai lured more than USD1.66 billion of Foreign Direct Investment (FDI) capital in 2014, according to the provincial Department of Planning and Investment.

This capital included nearly USD593 million from 75 newly-licensed projects and more than USD1.71 million of added capital from 84 underway projects.

The province’s FDI projects in 2014 were mainly found in industrial parks and mostly focused on commodity production, machinery manufacturing and material production industries.

This year, Dong Nai paid much attention to attracting investent from Japanese and Koean businesses with numerous trade promotion activities in the two countries.

Currently, Dong Nai has more than 1,400 FDI projects with a total capital of more than USD25 billion.

Director of the Dong Nai Department of Planning and Investment, Bo Ngoc Thu, said that the province’s investment attraction exceed the year’s target due to efforts of speeding administrative reform, improving the quality of dealing with formalities of branches, sectors and localities in the province to create confidence for investors.

In 2015, Dong Nai will continue to enhance investment attraction in supporting industry. Therefore, policies and mechanisms to assist businesses to invest in the industry are being attached with importance. The managing board for industrial parks in Dong Nai asked the provincial People’s Committee to continue considering supporting policies for businesses who are undertaking supporting industry projects in the province./.

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