Chinese Taipei, RoK top foreign investors in Dong Nai

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

Dong Nai targets to attract US$1 billion in investment in 2016.
Dong Nai targets to attract US$1 billion in investment in 2016.

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

Their investments are focused mainly in the fields of 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 US$170 million, 2.6 times higher than that of the same period last year, according to the Management Board of the Dong Nai Industrial Zones.

In addition, during February, 17 FDI projects registered additional capital worth US$299 million, up 4.2 times, the board noted. In the first two months of 2016, the total FDI capital poured into local industrial zones reached US$464 million.

Throughout the year of 2016 Dong Nai targets to attract US$1 billion in investment.