FDI poured into Dong Nai reaches 146% of year’s plan

VGP – As many as 1,977 Foreign Direct Investment (FDI) projects, worth US$35 billion have been invested in the southern province of Dong Nai, according to the province’s Department of Planning and Investment.

November 06, 2019 4:40 PM GMT+7

A total number of 1,447 valid FDI projects, valued at US$29.8 billion have been launched.

Over the recent 10 months of 2019, 190 FDI projects, with the total investment capital of US$1.46 billion, have been realized in the province, reaching 146% of the year’s plan.

93 newly-licensed projects, worth US$800 million were recorded and 97 FDI projects added the capital investment of nearly US$670 million, focusing on high-tech, auxiliary and environmentally-friendly sectors.

The Republic of Korea, Chinese Taipei and Japan take the lead in investing in Dong Nai Province among 45 nations and territories.

Meanwhile, nations in ASEAN have poured more than US$5.32 billion into 150 projects in the province, an increase of US$574 million compared to the same period last year.

Currently, six ASEAN countries are investing in the province including Singapore, Thailand, Brunei, Malaysia, the Philippines and Indonesia, concentrating on such areas as real estate and infrastructure for industrial parks. Singapore has ranked first with nearly US$3.6 billion, followed by Thailand with US$1.32 billion.

By Thuy Dung