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Đồng Nai seeks investors for 12 infrastructure projects

Update: April, 23/2019 - 00:00

 

An elevated road in Đồng Nai Province. Đồng Nai has announced a list of 12 infrastructure projects, calling for investment worth more than US$1.2 billion in total. — Photo baoxaydung.com.vn

ĐỒNG NAI — The People’s Committee of the southern province of Đồng Nai has announced a list of 12 infrastructure projects, calling for investment worth more than US$1.2 billion in total. 

Both domestic and foreign investors are invited to invest.

Six of the 12 projects are in the transport sector, with the biggest being a 15km road in Nhơn Trạch District worth $235 million. 

The six remaining projects are in the wastewater treatment and drainage sector, including two schemes in the city of Biên Hòa worth a combined $357 million and four in other localities. 

Provincial authorities said the projects are designed to help promote local socio-economic development and environmental protection. 

Đồng Nai has attracted more than $373 million in 38 foreign direct investment (FDI) projects as of the end of March, of which $152.6 million was registered in 18 new FDI projects and $220.5 million was added to 20 existing projects.

According to the provincial Department of Planning and Investment, most of the projects are in the high-tech and environmentally friendly support industry.

The province has been home to 1,901 FDI projects with a total registered capital of $34.1 billion. Of them, 1,400 projects worth $28.9 billion are operational. — VNS

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