RoK becomes top investor in Dong Nai province
VGP - The Republic of Korea (RoK) ranks first among 45 countries and territories investing in Dong Nai province in the first nine months, with more than 400 projects worth over US$6.6 billion, US$200 million higher than the year earlier.
According to Dong Nai's Department of Planning and Investment, RoK investors poured over US$5.9 billion in 360 projects inside industrial parks and nearly US$689 million in 47 other projects outside IPs.
In which, the field receiving much capital is industrial production including footwear, textile and garment, electronics and components, machinery and equipments and others.
The majority of Dong Nai's "big men" in footwear, fiber and machinery industries fall into big names from Korea such as Chang Shin, Taekwang Vina, Hyosung, Woosung Vina, Dongshi
In the last few years, Dong Nai province, in the center of the Southern Key Economic zone, has seen a growing interest from foreign investors. With a gross regional domestic product (GRDP) of 8%, high per capita income, and growing trade surplus, Dong Nai’s economy will continue to expand in 2019 and be a priority for foreign investors./.
By Vien Nhu
