Dong Nai granted three investment registration certificates worth $210 million

October 08, 2023 | 21:33
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Dong Nai People's Committee on October 5 awarded investment registration certificates to three foreign-iinvested projects: Kingfa Science & Technology Co., Ltd. Project (China), Factory Project of Wave Crest Vietnam Co., Ltd. and SMC Manufacturing Vietnam Co., Ltd. (Japan).
Dong Nai granted three investment registration certificates worth $210 million
Vice Chairman of Dong Nai People's Committee Nguyen Thi Hoang said that the three projects are closely consistent with the southern province's investment attraction policy

These projects are invested in Long Thanh High-Tech and Long Duc industrial parks in Long Thanh district.

Speaking at the investment certificate awarding ceremony, Deputy Chairman of Dong Nai People's Committee Nguyen Thi Hoang said that tho three projects are in manufacturing and supporting industries with advanced production technology, which are closely consistent with Dong Nai province's investment attraction policy.

Before that, at the end of March, Dong Nai awarded investment certificates to increase investment capital for five foreign-invested projects with a total capital increase of more than $370 million. By mid-July, two more foreign-led projects were given investment registration certificates withthe total investment capital of $30 million.

According to Dong Nai Industrial Parks Management Board, in the first six months of the year, Dong Nai attracted more than $623.2 million in foreign investment capital, an increase of nearly double compared to the same period in 2022.

Of these, 33 new projects were granted with the total registered investment capital of nearly $109 million and 44 others with the total additional investment capital of more than $514 million.

In the third quarter of 2023 alone, industrial parks in the province attracted 16 foreign-led projects with the total investment capital of nearly $113 million and adjusted to increase the investment capital for 28 projects worth nearly $170 million.

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The committee's vice chairwoman Nguyen Thi Hoang praised the two large-scale projects, saying that they would play an important role in speeding up local economic development.

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By Bich Ngoc

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