Dong Nai remains FDI magnet in H1

The foreign direct investment (FDI) influx into the southern industrial hub of Dong Nai in the first six months of this year was equivalent to 138% of the locality’s plan for the whole year.

Illustrative image (Source: VNA)

So far, local industrial parks drew 940.7 million USD in 49 new and 59 underway projects, according to the Management Board of the Dong Nai Industrial Parks.

It reported that the new FDI projects are in the fields of electric and electronic component manufacturing, mechanical engineering, textiles, prefabricated metal product manufacturing, and logistics, with an average of 7.8 million USD and 78 workers per hectare.

There are no projects in the list of industries that can cause environmental pollution and or are labour-intensive, it said.

The board said that among the 49 new projects, 35 are in the supporting industry, accounting for 71.4%, with combined capital of 277.7 million USD, making up 48.53% of total new registered capital.

It said that in the first half of this year, Singapore continued to be the largest investor in Dong Nai’s industrial parts with 231.1 million USD in nine projects, accounting for 40.5% of the total newly-registered FDI amount.

Dong Nai currently has 33 industrial parks with a total area of more than 10,500 hectares, of which 32 are operational and hosting nearly 2,100 businesses.

There are currently nearly 1,600 valid FDI projects, with a total investment of over 34 billion USD. There are 44 countries and territories investing in Dong Nai, led by the Republic of Korea, Taiwan (China), and Japan./.

(Source:VNA)