December 16, 2023 | 06:45

Dong Nai grants investment licenses to 3 FDI projects

Bình Minh

Total registered capital estimated at $109 million.

Dong Nai grants investment licenses to 3 FDI projects
A representative from the J&H Yubo Vietnam Industrial Ltd. Co receives the investment license. Photo: tuoitre.vn

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.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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