1.75 billion USD in FDI poured in Dong Nai

The southern province of Dong Nai has reported that the Republic of Korea, Japan and China’s Taiwan were the top three investors in the province in the first 10 months of 2016.

According to the Department of Planning and Investment, Dong Nai is home to 1,233 valid projects with total capital hitting 25.5 billion USD. Investment from the RoK, Taiwan and Japan have been taking the lead among 44 countries and territories investing in the province.

During the period from January to October, 1.75 billion USD worth of foreign capital poured into the province, surpassing its yearly plan by 75 percent. Of the total, 1 billion USD were allocated to 79 new projects, while the remaining sum was invested in 77 existing projects.

The Republic of Korea topped the foreign direct investment (FDI) list with 32 projects worth 146 million USD, followed by Japan (11 projects, 52 million USD) and Taiwan (9 projects, 40.5 million USD).

Notable projects included the Thai-funded Amata Long Thanh city registered at 309 million USD and a Korean-funded project by Dong Won Vietnam Co. Ltd at 60 million USD.

Source:VNA