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Đồng Nai lures $52.4m in FDI in January

Update: January, 28/2019 - 05:00
Garments are made by workers at the Đồng Tiến JSC in Đồng Nai-located Amata IZ. - Photo khucongnghiep.com.vn
Viet Nam News

ĐỒNG NAI — The southern province of Đồng Nai attracted US$52.4 million in foreign direct investment (FDI) in the first month of this year, according to the provincial Department of Planning and Investment.

Of the sum, $24.5 million came from seven newly-licensed projects while the remainder came from four capital-added ones, the department said, adding that all of these are involved in hi-tech and supporting industries.

They included a $10 million-project invested by SYM JSC Vietnam in the Giang Đien Industrial Zone (IZ) in Trảng Bom District; and a $9.2 million project financed by SEMBA TOHKA Vietnam Co of Japan in the Long Đức IZ, Long Thanh District.

The province has to date attracted $33.8 billion in 1,890 foreign-invested projects, of which 1,394 are validated with a total investment of $28.6 billion.

Among 45 countries and territories investing in the locality, the Republic of Korea, Taiwan, Japan and Singapore are the largest sources of FDI.

According to local authorities, FDI has become an important resource for the locality’s development, contributing to boosting its economic growth and accelerating economic restructuring.

In the future, the province will continue to prioritise high-tech and environmentally friendly foreign-invested projects and those in the support industry.

It will continue to build modern technical infrastructure systems and call for foreign-invested projects with high added value and those in urban development and services. — VNS

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