Taiwan, RoK top foreign investors in Dong Nai

09:36 | 11/03/2016 Economy

Taiwan (China) and the Republic of Korea (RoK) have been the leading foreign investors in the southern province of Dong Nai with investment capital surpassing 5 billion USD, according to the provincial Department of Planning and Investment.

Taiwan, RoK top foreign investors in Dong Nai

A major road in Dong Nai's Bien Hoa city. (Photo: VNA)

Taiwan topped the list of over 40 countries and territories investing in the province with 283 projects worth nearly 5.13 billion USD, followed by the RoK with 312 projects capitalised at over 5 billion USD.

Their investment is focusing mainly on footwear, garment, wooden products, electronics, and products serving support industries.

In February, local industrial parks attracted 14 foreign direct investment (FDI) projects with registered capital of 170 million USD, 2.6 times higher than that of the same period last year, according to the Management Board of the Dong Nai Industrial Zones.

Also during the month, 17 FDI projects registered additional capital worth 299 million USD, up 4.2 times, the board added. In the first two months of 2016, the total FDI capital pouring into the local industrial zones reached 464 million USD.

This year, Dong Nai targets to attract 1 billion USD in investment./.

 

Source: VNA

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