The southern province of Dong Nai had 1,161 registered foreign-direct-investment (FDI) projects with a combined capital of 21.87 billion USD at the end of March.
The southern province of Dong Naihad 1,161 registered foreign-direct-investment (FDI) projectswith a combined capital of 21.87 billion USD at the end of March.
Of the total, over 1,000 projects worth around 17.70billion USD are being implemented in industrial parks (IPs), accordingto the provincial Department of Planning and Investment.
DongNai boasts 31 IPs covering 9,559 hectares, almost all of which havehigh-quality infrastructure facilities, enabling them to meet the demandof investors.
The majority of IP projects are in the services,support and mechanical spare parts industries and useenvironmentally-friendly and advanced technologies.
In recentyears, local authorities have attached importance to improving theinvestment climate and reforming administrative procedures to facilitatethe operations of investment projects in the province and draw moreforeign investors.
The local IP management board plans tointensify investment promotion activities, attracting investmentprojects using high technology and manufacturing highly competitiveproducts. Dong Nai looks to attract 900 million USD in FDI capital in 2015, 400 million of which for new projects.-VNA
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