Dong Nai’s FDI up 55.6%

VGP – Industrial parks in the southern province of Dong Nai attracted US$1.4 billion in Foreign Direct Investment (FDI) so far this year.

November 17, 2014 3:14 PM GMT+7

Illustration photo

The figure recorded an increase of US$500 million compared to the same period last year and up 55.6% in comparison with the year’s plan.

The achievement is attributed to the locality's improved administrative service.

As many as 31 industrial parks (IPs) have been established on a total area of 9,560 ha in the province. As of October this year, 67.49% of the area has been leased.

According to the Dong Nai Provincial People’s Committee, nearly US$1.55 billion in foreign investment was poured in the province, completing the year’s plan and a year-on-year increase of 38%.

The investment mainly focuses on the high-tech and auxiliary industries. The US has invested more than US$130 million in 28 projects.

The province earned US$10 billion from exports over the past 10 months, up 15%, of which US$2.1 million was gained from the US, the largest importer of the southern province.

By Thuy Dung