Dong Nai invites investors for 12 infrastructure projects

09:55 | 24/04/2019 Investment

The People’s Committee of the southern province of Dong Nai has announced a list of 12 infrastructure projects calling for investment worth more than 1.2 billion USD in total. 

A wastewater treatment system - Illustrative photo: VNA

Both domestic and foreign investors are invited to invest in the projects.

Six of the 12 projects are in the transport sector, with the biggest one being a 15-km road in Nhon Trach district worth 235 million USD.

The remaining six projects are in the waste water treatment and drainage sector, including two schemes in Bien Hoa city worth a combined 357 million USD, and four in other localities.

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

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

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

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

Theo VNA