Enterprises from the Republic of Korea (RoK) want to expand investment in the southern province of Dong Nai, said President of the Association of Korean Businesses in Dong Nai Park Hyun Bae.

At the reception in Dong Nai province. Source: baodongnai.com.vn

In a working session with representatives from the provincial People’s Committee on March 2, Park Hyun Bae praised policies devised by the local authorities to attract investors, adding that Dong Nai boasts advantages with its location in the centre of the southern economic zone and convenient transport system.

RoK firms hope the local authorities will continue with administrative procedure reform to facilitate their operations in the locality, he said.

Vice Chairman of the provincial People’s Committee Tran Van Vinh said Dong Nai gives priority to high-tech and environment-friendly investment with low demand of labourer.

He affirmed that the local authorities will create the best favourable conditions for RoK enterprises to operate profitably in the locality.

The RoK now ranks second among 35 countries and territories investing in Dong Nai, with 264 projects worth over USD 5 billion. These generated jobs for more than 150,000 workers.

Source: VNA