FDI flow heats up Dong Nai
province of Dong Nai has drawn over 2.36 billion USD in foreign direct
investment (FDI) in the first 11 months of the year, doubling the target
set for the whole year, said the province’s Department of Planning and
Over 1.5 billion USD of
the figure was raised by 118 newly-invested projects, the remainder
coming from 110 extended projects, the department said.
”The strong increase in
investment capital has resulted from provincial efforts to promote
administrative reform and perfect its “one-stop” policy which creates
more favourable investment conditions,” said the department director Bo
So far, new projects
involving hi-tech industries and the service sector accounted for over
80 percent of total investment capital, well-suited to the province’s
position on attracting investment, she added.
By year-end, Dong Nai expects to absorb 2.45 billion USD in FDI.
Dong Nai is seeking
investment in other areas, including mechanical engineering,
electronics, new materials, agriculture machinery, engines, accessories
and parts for vehicles, packaging, medicine and environmental
It also welcomes investment in infrastructure, real-estate, textiles and apparel, as well as tourism. (VNECONOMY).
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