As of now, Japan ranks second in terms of investment projects in Dong Nai, with 273 projects, and is the third largest investor in this province with $5.2 billion in investment capital.
In 2023, 15 Japanese companies invested in Dong Nai with a total registered capital of $238 million. Japanese companies have contributed significantly to the socio-economic development, creating jobs for more than 61,000 workers, and promoting the development of the local industry, trade, and services, especially the support industry in Dong Nai province.
Additional information about FDI attraction in the province, as of January 2024, Dong Nai has 1,092 active domestic investment projects with a capital of over VND 318 trillion; the number of active FDI projects is 1,593, with a capital of over $34 billion.
In 2023, the province attracted over $1.1 billion in foreign direct investment (FDI), a slight increase compared to the same period in 2022. Specifically, 72 new FDI projects were granted with a total registered capital of over $416 million, and 88 projects increased capital with an additional total capital of over $743 million.
At the beginning of this year, the authorities of Dong Nai province organized the issuance of investment registration certificates for 8 FDI projects with a total investment of nearly $500 million. Specifically, the SLP Park Loc An Binh Son Project (Loc An – Binh Son Industrial Park). The project has a capital of over $121 million, aimed at leasing warehouses, warehouse services, and cargo storage by SEA Logistic Partners (SLP), a company from Singapore as the investor.
The remaining 3 newly registered FDI projects include: the manufacturing factory project of Ryder Industries Vietnam Co., Ltd (Long Thanh Industrial Park), with a capital of $15 million; the Freudenberg & Vilene International Vietnam – Long Thanh project (Loc An – Binh Son Industrial Park), with a capital of $10 million; and the K-Upa Vina project (Nhon Trach I Industrial Park), with a capital of $10 million.
The leaders of Dong Nai province also granted investment certificates for 4 FDI capital increased projects: the coffee production project of Nestlé Vietnam Limited (Amata Industrial Park) – Tri An Factory, with an additional $100 million investment; the production factory project of Kenda Vietnam Co., Ltd (Giang Dien Industrial Park), with an additional investment of $80 million; the project of Hyosung Dong Nai Co., Ltd (Nhon Trach V Industrial Park) with an additional investment of $19 million, and the project of Advanced Multitech Vietnam Co., Ltd (Nhon Trach III Industrial Park), with an additional investment of $18 million.
Notably, since the development of the industry in the 1960s, Dong Nai province currently ranks first in the country in terms of the number of industrial parks with approved planning for 39 industrial parks covering nearly 190 km2, of which 31 industrial parks are in operation, with an occupancy rate of nearly 86%.
Dong Nai has started the construction of the Long Thanh High-tech Industrial Park with over VND 6,000 billion and has been approved for additional investment in the Long Duc 3 Industrial Park with a total capital of VND 1,800 billion.
