The southern province of Dong Nai attracted 314 million USD in foreign investment (FDI) in Q1 2017, up 53.4 percent year-on-year and reaching 31.4 percent of its yearly plan, announced the provincial Department of Planning and Investment.
Dong Nai (VNA) - The southern province ofDong Nai attracted 314 million USD in foreign investment (FDI) in Q1 2017, up53.4 percent year-on-year and reaching 31.4 percent of its yearly plan,announced the provincial Department of Planning and Investment.
Of the investment, 137 million USD wasregistered to pour into 15 newly-approved projects, while 177 million USD wasadded to 16 existing projects.
From the start of this year, new projectscame mainly from the Republic of Korea (RoK), Japan, Singapore, British VirginIslands and Germany.
According to the Department of Planningand Investment, invested projects in Dong Nai focused on the locality’s prioritisedfields such as high technology, support industry and environmentally friendlyprojects.
To date, a total of 1,679 FDI projectshave landed the province with a combined capital of 30.6 billion USD, including1,262 valid projects worth 25.7 billion USD and 417 projects worth 4.8 billionUSD revoked.
These projects came from 45 countriesand territories, with the RoK, Taiwan (China) and Japan being the leadinginvestors.-VNA
The Industrial Zone Management Board of southern Dong Nai province has revoked investment permits granted to 40 FDI projects, which have been abandoned or delayed for a long time.
Around 700 local private enterprises, including newly-established ones, in the southern province of Dong Nai have so far this year registered a combined capital of 10.7 trillion VND (480 million USD).
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Illustrative image (Source: VNA) 
