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Sep 19, 2013 / 13:26

Dong Nai’s IPs attract strong FDI inflows

The southern province of Dong Nai has lured 55 FDI projects worth over US$312 million to industrial parks (IPs) in the first eight months of 2013.

The Hanoitimes - The southern province of Dong Nai has lured 55 FDI projects worth over US$312 million to industrial parks (IPs) in the first eight months of 2013.

The amount of FDI inflows was steady in comparison with the same period of the previous years but the number of project nearly doubled.

Especially, it saw an increase in Japanese enterprises coming to  Dong Nai. So far this year, Japanese investors made up a half of the number of projects.

To attract more investment, Dong Nai province has reformed administrative procedures, and improved human resources and infrastructure.

So far, Dong Nai is home to 31 IPs that house 1,250 projects including 900 FDI ones with over US$15 billion in investment capital.