Breakthrough in attracting FDI into Dong Nai Industrial Zones
In nearly the first 2 months of 2024, foreign direct investment (FDI) poured into industrial parks in Dong Nai province reached 439 million USD, equal to more than half of the province’s target of attracting FDI into industrial parks in 2024. This.
In just the first 1.5 months of 2024, there are up to 27 FDI projects (including new projects and capital increases) investing in industrial parks in Dong Nai province. Dong Nai has awarded investment licenses to a series of FDI enterprises to be able to start projects.
Among the newly licensed projects, there are some projects with substantial investment capital, such as the SLP Park Loc An Binh Son Project in Long Thanh district by Sea Fund I Investment 14 Pte. Ltd. (Singapore enterprise) invested by Global Logistics Partner Group (GLP) with registered capital of 121.4 million USD.
In addition to new licensing projects, capital increase projects also have investment levels of up to hundreds of millions of dollars. Among them, the Coffee Factory Project of Nestlé Vietnam Co., Ltd. in Long Binh Industrial Park (Amata) must be mentioned, increasing investment capital by 100 million USD, bringing the total investment for this project to 502 million USD.
A project with a fairly large capital increase is the tire factory of Kenda Rubber Company (Vietnam) in Giang Dien Industrial Park, increasing by 80 million USD, bringing the total investment to 296 million USD.
According to statistics from the Management Board of Industrial Parks of Dong Nai Province (Diza), from the beginning of the year to February 15, industrial parks in the province have attracted 439 million USD of FDI capital (including projects new projects and increased capital), more than half of Diza’s goal of attracting 700 million USD of FDI capital this year.
“In 2024, the global economic growth is forecast to slow down, with risk factors from political conflicts in many regions and the risk of economic decline in countries around the world. However, from the beginning of the year, Diza has focused on efforts to attract investment and appraise investment certificate applications as soon as possible for projects”, said Mr. Nguyen Tri Phuong, Head of Diza. Also stated by Mr. Phuong, the projects that have just been licensed for investment all use advanced technology and skilled labor. Dong Nai will limit projects that use a lot of unskilled labor and outdated technology, affecting the environment.
