Dong Nai grants investment licenses to 3 FDI projects

The Dong Nai Provincial People’s Committee granted investment licenses on December 14 to three FDI projects from Taiwan (China) and Singapore, with total registered investment capital of $109 million, the Tuoi tre (Youth) online newspaper has reported.

These include a project from the Taiwan (China)-invested Jhonsin Vietnam Ltd. Co to build a factory manufacturing plastic zip bags and houseware at the An Phuoc Industrial Park in the southern province’s Long Thanh district, which has investment of $10 million.

The Singapore-invested J&H Yubo Vietnam Industrial Ltd. Co, meanwhile, will invest $19 million in a garment factory at the Nhon Trach VI Industrial Park.

And the third project will build a plant producing, assembling, and installing electrical houseware and kitchenware, at the Giang Dien Industrial Park. It will receive $80 million in investment from the Anctek Vietnam Company Limited, under Singapore’s electrical company Ningbo Dechange.

As of early December, industrial parks in the province had attracted over $1 billion worth of FDI.

Dong Nai continues to be among the top 10 localities in FDI attraction.