Of the amount, over USD 346 million was poured into 42 new FDI projects and over USD 343 million into 34 existing ones, according to the provincial Department of Planning and Investment.

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Workers at a garment-textile firm in the Southern province of Dong Nai

In May alone, Dong Nai attracted several new major projects such as the USD-40-million project of the Republic of Korea’s HI-KNIT Company at Nhon Trach 6A industrial park; the USD-33-million project of the Netherlands’ Air Manufacturing Innovation Vietnam at Giang Dien Industrial Park, the USD-32-million project of Singapore’s Logistic Property Vietnam at Loc An - Binh Son Industrial Park, and the USD-29.8-million project of Japan’s Kolmar Vietnam at Long Duc Industrial Park.

Some projects with big amounts of additional capital included the Netherlands’ Bosh Gasoline Systems – HCP plant at Long Thanh Industrial Park with an addition of over USD 71 million, Singapore’s OPV Pharmaceutical Joint Stock Company at Bien Hoa 2 Industrial Park with over USD 47.7 million, Japan’s SMC Manufacturing Vietnam at Long Duc Industrial Park with USD 47 million and Belgium’s Terumo BCT Vietnam at Long Duc Industrial Park with USD 30 million.

According to the provincial Department of Planning and Investment, the locality prioritizes projects applying advanced and environmentally friendly technology and requiring skilled labor as well as those in the supporting industry.

So far, Dong Nai has attracted 1,792 FDI projects with total registered capital of USD 32.5 billion, of which 1,323 worth USD 27.46 billion are still valid.

The projects come from 45 countries and territories with the Republic of Korea, China’s Taiwan and Japan being the biggest investors.

Overseas investors are interested in the fields of industry, logistics, energy and technical infrastructure.

Vice Chairman of the provincial People’s Committee Tran Van Vinh said local authorities will push ahead with administrative reforms to reduce time and expenses for businesses.

The committee and relevant units such as customs, taxation, planning and investment will maintain periodical dialogues with enterprises to listen to their problems and discuss joint measures to improve operational efficiency, he added.

Source: VNA