Dong Nai: FDI attraction surpasses yearly target
The southern province of Dong Nai attracted about 1.57 billion USD in foreign direct investment (FDI) capital from the beginning of this year to August 20, up 70 percent compared to the same period last year and surpassing this year’s target by 57 percent.
Dong Nai tourism targets US$235 million revenue by 2020 Dong Nai earns almost US$9.7 bln from exports Dong Nai busy with land lease orders According to the provincial Department of Planning and Investment, US$1.23 billion was poured into 68 new projects and US$337 million went into 22 existing projects as registered additional capital.
The Republic of Korea’s (RoK) Hyosung Dong Nai Limited Company put up the largest investment capital with over US$600 million in the period.
The majority of investors have primarily employed green and environmentally-friendly technologies in accordance with the province’s long-term plans, said the department.
In the first 8 months of this year, disbursement of existing projects recorded a year-on-year rise of 5.3% to hit US$800 million, reaching 73% of the yearly target.
By August 20, the province had licensed 1,517 FDI projects with total investment capital of nearly US$27.67 billion, 1,161 of which are operating with total capital of US$23.16 billion.
The Republic of Korea’s (RoK) Hyosung Dong Nai Limited Company put up the largest investment capital with over US$600 million in the period.
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The majority of investors have primarily employed green and environmentally-friendly technologies in accordance with the province’s long-term plans, said the department.
In the first 8 months of this year, disbursement of existing projects recorded a year-on-year rise of 5.3% to hit US$800 million, reaching 73% of the yearly target.
By August 20, the province had licensed 1,517 FDI projects with total investment capital of nearly US$27.67 billion, 1,161 of which are operating with total capital of US$23.16 billion.
