The southern province of Dong Nai has licensed 55 newly-registered FDI projects to operate in its industrial zones so far this year, doubling the number of the same period last year.
The new projects brought in a total 312 million USD of capital, equal to the amount registered in the corresponding period in 2012.
In the same period, the province also saw nearly 450 million USD added to 50 valid FDI projects while domestic investors poured 1.44 trillion VND (67.7 million USD) in nine projects.
According to the managing board of the province’s industrial zones, half of the new FDI projects are owed by Japanese investors, who focus on capital-intensive, energy efficient and environmentally-friendly production with high added value.
Dong Nai province has made great efforts in reforming administrative procedures, raising the quality of human resources and upgrading infrastructure during recent years to attract more investment.
As a result, the province’s 31 industrial zones have attracted 1,250 projects, including 900 foreign-invested ones, with a total investment capital of more than 15 billion USD.