Dong Nai calls for high-tech, environmentally-friendly FDI projects

15:40 | 09/01/2018 Economy

Southern Dong Nai province wants high-tech, environmentally-friendly and energy-efficient projects in agriculture and manufacturing in 2018.

Illustrative image - Photo: VNA

The province is inviting more foreign direct investment (FDI) in high-tech projects in support industries, such as manufacturing of parts, components, materials and accessories for the mechanical engineering, electronics and informatics industry.

The province will prioritise projects in logistics, infrastructure, auto-making, information technology and manufacturing of materials and accessories for clothing and footwear industries and new materials.

It will also call for investment in projects that produce clean, high-yielding crops and agricultural products or those that apply biotechnologies and those in food processing and herbal medicines

The province’s People’s Committee will continue working with enterprises to support their development. At the same time, it will support investors in performing investment procedures regarding land, construction, auction and environment, as part of efforts to attract more FDI projects.

It will assist businesses to get loans from banks, and continue implementing programmes to improve local business competitiveness, quality control and intellectual property protection.

Dong Nai has about 1,300 FDI projects from 45 countries and territories with total investment of 26.9 billion USD.

Last year, the province drew in 1.82 billion USD in FDI, almost doubling its yearly target. Most of the FDI was poured into local industrial parks and in the fields of processing, manufacturing, real estate and consultancy services.

Theo VNA