Dong Nai draws almost US$156 million in FDI in Jan-Feb

VGP - The southern province of Dong Nai has licensed eight foreign direct investment (FDI) projects worth US$31.7 million and one domestic project worth VND200 billion (US$8.8 million).

February 24, 2018 3:53 PM GMT+7

According to the management board of industrial parks, nine existing FDI projects were permitted to increase their capital by US$115.4 million.

The newly-licensed projects included footwear projects invested by August Sport Co., Ltd. with total investment of US$15 million and DY Boiler Vina Co., Ltd. with total investment of US$7 million.

HENKEL Adhesive Technologies Co., Ltd. and Inzi Vina Co., Ltd registered to increase their capital by over US$19 million and US$18 million, respectively.

Newly-licensed and increased capital projects focus on mechanic industry, electronics, garment-textiles, and footwear.

So far, Dong Nai has been attracting nearly US$32 billion in FDI with 1,300 valid projects invested by firms from 45 countries and territories. The top investors are the Republic of Korea, Taiwan and Japan.-VNA