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Dong Nai attracts 640 million USD in FDI in first half

Dong Nai, June 28 (VNA) – The southern province of Dong Nai has lured 640 million USD in foreign direct investment (FDI) in the first six months of the year, reaching 64 percent of its yearly plan, said the provincial Department of Planning and Investment. 

The sum came from 37 new and 51 existing projects. According to the department, all the projects are in high technology, supporting industry and are environmentally friendly. They are in line with the province’s policy to prioritise hi-tech projects. 

Most of the projects in Dong Nai in the period were from the Republic of Korea (Rok), Japan, Singapore, Germany and the British Virgin Islands. 

Notably, Pou Phong Vietnam Ltd. invested in a 55 million USD project, while Powerknit Vietnam Ltd. launched a 60 million USD project, both coming from the British Virgin Islands. Chang Hae Vietnam company and Long Thai Tu fabric company from the RoK added 20 million USD and 50 million USD to their ongoing project in the province. 

Dong Nai is home to 1,703 projects with total investment of nearly 31 billion USD, including 1,286 valid projects worth 26.1 billion USD and 417 revoked projects worth 4.8 billion USD. 

The FDI projects’ investors are from 45 countries and territories, mostly the RoK, Taiwan (China) and Japan.