Dong Nai lures $1.4 billion in FDI

Tuesday, Nov 18, 2014 08:09

The southern province of Dong Nai's industrial parks have attracted US$1.4 billion in foreign direct investment (FDI) since the beginning of this year. — Photo baotintuc

DONG NAI (Biz Hub) — The southern province of Dong Nai's industrial parks have attracted US$1.4 billion in foreign direct investment (FDI) since the beginning of this year.

The figure increased by $500 million year-on-year and 55.6 per cent compared to the provincial yearly plan.

The province's 31 industrial parks cover an area of 9,559.35 hectares. In the first ten months, 163.12 hectares were hired, bringing the total area of hired land to 67.49 per cent.

Deputy head of the provincial Industrial Zones Authority Mai Van Nhon said the increase resulted from effective implementation of administrative reforms, which created favorable conditions for investors.— VNS

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