Dong Nai, Binh Duong attract many new FDI projects this year

The southern provinces of Dong Nai and Binh Duong attracted 128 new Foreign Direct Investment (FDI) projects with registered capital totaling about US$1.86 billion in the first seven months this year.

Dong Nai has 57 projects with a total registered capital of US$1.2 billion. Of these, 54 projects invest in industrial parks.

In the neighboring province of Binh Duong, total FDI capital hit US$1.1 billion accounting for 105 percent of its plan. The number comprises 657.2 million from new projects.

Investors of 55 already licensed projects registered to increase investment capital by US$287.1 billion.

The province’s Department of Planning and Investment said that many projects were invested in support industries of automobile and motorbike, mechanics, electronics, footwear and leather, garment and textile fields. 

By Thanh Thanh – Translated by Hai Mien

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