The People’s Committee of the southern industrial hub of Đồng Nai presented investment certificates to 17 projects on Tuesday.
It was during a conference to announce the province’s master plan to attract investment.
The 17 projects have the total registered capital of US$6 billion, consisting of five foreign direct investment (FDI) projects and 12 domestic ones, in the fields of industrial and urban infrastructure development, property, and semiconductor development.
It was also announced at the conference that the Hiệp Hòa urban area will be built on a land area of 293 hectares in Biên Hòa City, at the total cost of more than VNĐ72 trillion ($2.9 billion).
Meanwhile, the 1,000-hectare Bàu Cạn–Tân Hiệp industrial park will be built in Long Thành District at VNĐ9.25 trillion.
Đồng Nai has lured $1.1 billion in FDI since the beginning of the year, a year-on-year increase of 34 per cent.
A total of sixty-one new projects with total registered capital of $640 million have been granted investment certificates, and 74 have had their capital adjusted with a total amount of $448 million.
More than 55,900 enterprises have registered more than VNĐ522 trillion for their operation in the locality so far.
Đồng Nai now has 33 industrial parks covering a total area of over 10,500 hectares. Of these, 32 are operational, housing nearly 2,100 enterprises.
There are nearly 1,600 valid FDI projects in the locality with total capital exceeding $34 billion.
The top investors in the province are the Republic of Korea, China’s Taiwan, and Japan. — VNS