FDI attraction in Dong Nai almost fulfills this year’s plan

11:23 | 30/09/2017 Economy

(VEN) - In the first nine months of this year, the southern province of Dong Nai has attracted a total investment of US$955.5 million, equal to 95.5 percent of this year’s plan. Of that amount, US$339.4 million came from 55 newly-registered projects while US$661 million was added to 84 existing projects.

Enviromentally-friendly projects using small number of laborers are priorities in Dong Nai province

Among the newly-registered projects are those with large source of FDI such as the one of Powerknit Vietnam Co, Ltd (British Virgin Islands) with registered capital of US$60 million; of Pou Phong Vietnam Co, Ltd (British Virgin Islands) with registered capital of US$55 million; and the one of Fulin Plastic Industry Company (Taiwan – China) with registered capital of US$24 million.

Some projects with added capital are: the one of Pousung VN Co, Ltd (Hong Kong – China) adding US$80 million; the one of Full Way Co, Ltd (Marshall) adding US$50 million; the project of Powerknit Việt Nam Co, Ltd (British Virgin Islands, located in Bau Xeo Industrial Park) adding US$40 million; the project of Long Thái Tử Textile Co, Ltd (South Korea) adding more than US$50 million; and the one of Elite Long Khanh Co, Ltd (British Virgin Islands) adding US$31.5 million.

Currently, Dong Nai still has 1,300 FDI projects in effect with total capital of US$26.27 billion. The investors come from 45 countries and territories, led by the Republic of Korea, Taiwan (China) and Japan, respectively.

In recent years, Dong Nai has attracted FDI investment selectively, with priorities given to high-tech projects using small number of laborers and enviromentally-friendly. The Dong Nai provincial Department of Planning and Investment said all the newly-registered and additional capital projects have met the above requirements of the province.

Ngoc Han