Dong Nai leads in FDI attraction

The southern province of Dong Nai attracted $214 million in foreign direct investment (FDI) in the first two months of this year, accounting for 34 per cent of the country’s total FDI.

Among the seven FDI projects granted new FDI licences, that of the Japanese corporation Terumo Medical in Long Duc Industrial Park is the largest, with $98.9 million in capital investment. The company specialises in manufacturing and distributing medical products and equipment.

Also in the period, local industrial zones attracted as many as seven domestic investment projects with total registered capital of VND947 billion.

The achievement was attributable to the province’s renewing investment incentives, focusing on large-scale capital investment projects and on services, supporting and high-tech industries.

The province continues to improve investment environment and open dialogue with businesses to promptly deal with any arising difficulties.

According to the provincial Department of Planning and Investment, processing-manufacturing, property trading, and science-technology are drawing foreign investors’ attention.

Source Vietnam+