Dong Nai attracts over US$925 mln from FDI projects
The southern province of Dong Nai attracted over US$925 million in foreign direct investment (FDI) capital from January 1, 2015 to April 15, 2015.
The figure generated during the three and a half months surpassed the annual target by US$25 million, said the provincial Department of Planning and Investment.
Of the amount, US$791 million was poured into 28 new projects and US$134.77 million went into 22 existing projects.
According to the industrial park (IP) Management Board, the Republic of Korea’s (RoK) Hyosung Dong Nai Limited Company posted the largest investment capital with over US$600 million.
Investors have primarily employed green and environmentally-friendly technologies in accordance with the province’s long-term plans.
To date, the province has licensed 1,479 FDI projects with total investment capital of US$27.03 billion, 1,127 of which are operating with total capital of US$22.54 billion.
Director of the provincial Department of Planning and Investment Bo Ngoc Thu said the substantial amount of FDI during the first half of 2015 is attributable to an improved investment climate and reformed administrative procedures, facilitating operations and attracting investors.
With this positive outcomes, Dong Nai expects to attract over US$1 billion in FDI capital in 2015.
Of the amount, US$791 million was poured into 28 new projects and US$134.77 million went into 22 existing projects.
According to the industrial park (IP) Management Board, the Republic of Korea’s (RoK) Hyosung Dong Nai Limited Company posted the largest investment capital with over US$600 million.
Investors have primarily employed green and environmentally-friendly technologies in accordance with the province’s long-term plans.
To date, the province has licensed 1,479 FDI projects with total investment capital of US$27.03 billion, 1,127 of which are operating with total capital of US$22.54 billion.
Director of the provincial Department of Planning and Investment Bo Ngoc Thu said the substantial amount of FDI during the first half of 2015 is attributable to an improved investment climate and reformed administrative procedures, facilitating operations and attracting investors.
With this positive outcomes, Dong Nai expects to attract over US$1 billion in FDI capital in 2015.