Dong Nai lures 1 bln USD, leads in FDI in first half of 2015

09:05 | 08/07/2015 Economy

Southern Dong Nai province has attracted more than one billion USD in Foreign Direct Investment (FDI) during the first half of 2015, said the provincial Department of Investment and Planning.

Dong Nai lures 1 bln USD, leads in FDI in first half of 2015

Biscuits are packaged at the Bibica Corporation in Dong Nai (Photo: VNA)

The figure included 834 million USD funnelled into 45 newly approved projects and over 184 million USD added to 36 existing ones.

According to Tran Ngoc Liem, Deputy Director of the Vietnam Chamber of Commerce and Industry (VCCI) in Ho Chi Minh City, Dong Nai has been the country’s biggest FDI recipient since early this year.

The locality is currently home to 1,496 FDI projects with a combined investment of 27.1 billion USD, including 1,141 valid projects to date worth 23 billion USD.

The province has adopted a number of preferential policies to boost the supporting industry and to foreign projects that include transfers of advanced technology.

It has supported personnel training and business links within the supporting industry while working with the Bureau of Economy, Trade and Industry of Japan’s Kansai region to call for more investment in the sector./.

Source: VNA