Dong Nai attracts US$ 1.1 billion in FDI capital so far this year

Thursday, 2021-10-21 06:43:06
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The FDI capital attracted so far this year has exceeded Dong Nai’s target of US$700 million for 2021. (Photo: VNA)
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NDO/VNA – Dong Nai has attracted US$ 1.1 billion to nearly 140 foreign direct investment (FDI) projects since the start of this year, according to the Industrial Zones Authority of this southern province (DIZA).

Of the sum, more than US$ 736 million was channeled into 93 existing projects while the rest into new ones.

The FDI capital attracted so far this year has exceeded this industrial hub’s target of US$700 million for 2021.

Most of the projects operate in supporting and electronics industries, apply modern technology, and do not cause environmental pollution, matching the local policy of selective FDI attraction.

Le Van Danh, deputy head of the DIZA, said despite the COVID-19, foreign investors have still raised capital, expanded operations, and invested in many new projects in Dong Nai, which shows their belief that the pandemic will be put under control and the economy of Vietnam and Dong Nai will develop in the time ahead.

The province will welcome more FDI projects in the coming time as many investors are liaising with the DIZA to express their intention to open new projects, he added.

Dong Nai is currently home to nearly 1,500 valid FDI projects worth US$32 billion in total by investors from 45 countries and territories. The largest investors are the Republic of Korea, Taiwan (China), and Japan.