Dong Nai attracts $929 mln of investment capital in industrial parks

Southern Dong Nai province has so far this year attracted investment capital of $929 million pouring into industrial parks, exceeding the yearly target, according to the provincial Management Board of Industrial Parks.

Of the total, FDI capital was estimated at $834 million, equivalent to 119% of the annual plan.

Dong Nai licensed 40 new FDI projects in the first four months of 2024, with a total investment capital of $519 million.

Meanwhile, $315 million was added to 39 existing FDI projects.

Most of new projects operate in the fields of semiconductor, electronic components, mechanics and textiles, with no projects deemed environmentally unfriendly.

Some major projects include the Silicon Carbide Vietnam and Advanced Optics projects by the US' Coherent Corporation, worth $83 million, which specialize in manufacturing instruments used in high-tech electronics; the Regza Vietnam electronic plant, worth $40 million; and a logistics project at Long Thanh Hi-tech Park, with an investment capital of over $35 million.