Dong Nai hands over investment certificates to 17 projects

The People’s Committee of the southern industrial hub of Dong Nai presented investment certificates to 17 projects with a total registered capital of 6 billion USD at a conference to announce the locality’s master plan on September 24.

At the ceremony to hand over investment certificates to 17 projects

Of the total, there were five foreign direct investment (FDI) projects and 12 domestic ones, covering various fields such as industrial and urban infrastructure development, property, and semiconductor.

Of note, the Hiep Hoa urban area will be developed in an area of over 293 hectares in Bien Hoa city at the total cost of more than 72 trillion VND (over 2.9 billion USD). Meanwhile, the 1,000-hectare Bau Can – Tan Hiep industrial park will be built in Long Thanh district, carrying a price tag of some 9.25 trillion VND.

During January – September, Dong Nai lured 1.1 billion USD in FDI, a year-on-year increase of 34%. Sixty-one new projects with total registered capital of 640 million USD were granted investment certificates, and 74 had their capital adjusted with a total amount of 448 million USD.

More than 55,900 enterprises have registered more than 522 trillion VND for their operation in the locality so far.

Dong Nai now has 33 industrial parks covering a total area of over 10,500 hectares. Of these, 32 are operational, housing nearly 2,100 enterprises.

There are nearly 1,600 valid FDI projects in the locality with total capital exceeding 34 billion USD. The top investors in the province are the Republic of Korea, China’s Taiwan, and Japan.

(Source: VNA)