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Home / Investment / Industrial zone
Dong Nai’s FDI reachs over 350 million USD of FDI in October
Thu Minh 14:25, 2015/10/23
The Dong Nai Industrial Zones Authority said that local industrial zones have attracted over 350 million USD of foreign direct investment (FDI) in October, including nearly 225 million USD invested in 11 new projects and over 126 million USD in five existing ones.
The total capital of FDI in the southern Dong Nai province has reached 2.15 billion USD as by mid-October, surpassing expectations and this year’s target of 900 million USD. 
The 31 industrial zones in the locality have attracted 82 new FDI projects with a total registered capital of more than 1.5 billion USD so far this year. Meanwhile, 75 FDI companies have added more than 592 million USD to their existing projects. 
 
Photo for illustration.
Photo for illustration.
Most of the FDI capital in 2015 was poured into production, processing, manufacturing and hi-tech projects.
 Notably, the Republic of Korea’s Hyosung Corporation earmarked 660 million USD for a hi-tech fibre production project in the province. 
The Dong Nai Industrial Zones Authority highlighted positive performance of locally-based FDI firms which earned more than 13.9 billion USD in revenues since the start of 2015, a yearly increase of 5%.
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