DONG NAI (VNS)— The southern province of Dong Nai granted an investment licence on Wednesday to South Korea's JingWoo Vina Co Ltd, allowing them to start the construction of a US$14 million cloth producing plant.
Covering an area of 4ha, the plant will be built in the Tan Tao garment and textiles industrial zone in Nhon Trach district.
In 2005, the company constructed a $15 million factory in Long Thanh industrial zone.
Due to its implementation of foreign investment incentives, Dong Nai has become one of the leading provinces for attracting investment from overseas. — VNS