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Dong Nai sees large FDI inflows
The southern province of Dong Nai has attracted over 1 billion USD in foreign direct investment (FDI) since early this year, reaching nearly 150% of the yearly plan.
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| Dong Nai has many advantages to attract investment from leading corporations in the world. (Illustrative imag) |
According to the Department of Planning and Investment of Dong Nai Province, the province has many advantages in attracting new-generation FDI capital in this period.
Specifically, in the first seven months of 2024, Dong Nai received 1.019 billion USD in FDI capital, equivalent to 146% of the year’s plan, including 55 new investment projects, with a total investment capital of 627 million USD and 67 projects increasing capital by 392 million USD.
New projects are mainly in semiconductor manufacturing, mechanical engineering, and the manufacturing of prefabricated metal products. These projects align with Dong Nai Province’s policy of selective investment attraction.
Singapore leads the countries and territories investing in Dong Nai with quality projects and a total investment capital of nearly 232 million USD, accounting for almost 37% of the total newly registered capital. Notably, from the beginning of 2024 until now, the province received three projects in the semiconductor industry, invested by a company from the US.
Dong Nai has had more than 1,600 valid FDI projects, with a total capital of nearly 35 billion USD.
According to the master planning of Dong Nai Province in the 2021-2030 period, approved by the Prime Minister, the province will have additional industrial parks and Long Thanh International Airport, along with the operation of a series of key national infrastructure projects in the next two years, making the province a “magnet” to leading corporations in the world./.
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