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Dong Nai continues to welcome investment capital flows into its industrial parks

(News Portal – Dong Nai) - In just the first 2 months of 2024, Dong Nai attracted nearly half a billion USD of investment capital into industrial parks in the province. Of which, 439 million USD is from foreign investment capital (FDI) and over 1.9 trillion VND of domestic investment capital.

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Provincial leaders granted investment certificates to businesses in January 2024 

The above results show that Dong Nai is close to reaching the target of attracting investment projects in 2024 (attracting 700 million USD of FDI capital and 2 trillion VND of domestic investment capital). Of the total investment capital in Dong Nai, there are over 138 million USD of new investment capital and nearly 999 billion VND; capital increase investment reached over 255 billion USD and over 940 billion VND.

Information from the Dong Nai Industrial Zones Authority, in February 2024, Dong Nai industrial parks attracted 12 new projects with a total investment capital of nearly 36 million USD and adjusted to increase investment capital for 8 projects with total capital increased over 17.5 million USD. For domestic projects, 1 new project was granted with a total investment capital of nearly 999 billion VND and an adjustment to increase investment capital for 1 project with a total capital increase of 69 billion VND.

Some new investment projects and capital increases in February include: TD Hitech Evergy Vietnam Factory Project (Taiwan) in Nhon Trach Textile Industrial Park, with an investment capital of 5.8 million USD, specializing in manufacturing, assembling and processing lithium batteries and lithium battery modules, producing electric bicycle chargers; Chenguang Electrical Appliances Vietnam Co., Ltd. (Singapore) Factory Project in Bau Xeo Industrial Park, with an investment capital of 5 million USD, specializing in producing metal spare parts for the civil equipment manufacturing industry; manufacturing and assembling electronic components products...; Logisvalley HCMC project (Korea) in An Phuoc Industrial Park, increased investment capital by 8 million USD, bringing total investment capital to over 36.4 million, operating in the field of real estate business (warehouse rental), goods storage services with a scale of 10 million tons of goods/year; Manufacturing factory project of CO Solomon Paragon Vietnam Company (China) in Long Khanh Industrial Park, increased investment capital by 2.7 million USD, bringing total investment capital to over 4.9 million USD, operating in the field of manufacturing and processing plastic parts and accessories for household electrical appliances and other types of machinery...

According to Vice Chairwoman of the Provincial People's Committee Nguyen Thi Hoang, 2024 is forecast to be the year Dong Nai continues to attract investment capital flows. Therefore, to quickly supplement the industrial land fund, in the past year, the Provincial Party Committee and the Provincial People's Committee have specific and drastic activities and directions for departments, divisions, district People's Committees and investors of industrial parks to promote the establishment of new industrial parks, remove obstacles in the site clearance work and handing over premises to existing industrial parks.

Specifically, for industrial parks that are in the process of applying for investment policy approval, the Provincial People's Committee has held review meetings for each project, directed and assigned specific responsibilities to units to resolve each issue. There are still problems and need additional explanations to ministries and the Government. ​​​

Author: Nam Huu

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