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Dong Nai province invites investors for infrastructure investment of US$1.2 billion

Thứ Năm, 02/05/2019 - 00:00

The People’s Committee of the southern province of Dong Nai has announced a list of 12 infrastructure projects calling for investment worth more than US$1.2 billion in total.

A road in Bien Hoa city. (Photo: Bao Dong Nai)

A road in Bien Hoa city. (Photo: Bao Dong Nai)

Both domestic and foreign investors are invited to invest in the projects.

Six projects, worth US$410 million, belong to road and bridge development, with the biggest one being a 15-km road to connect sea ports in Nhon Trach district at a cost of US$235 million and also a US$50 million road between Trang Bom and Xuan Loc with a length of 50 kilometres.

The remaining six projects, are in the water drainage and wastewater treatment, costing a total of US$806 million, including two schemes in Bien Hoa city worth a combined US$357 million, and four in other localities.

Other road projects include a 24-kilometre road from Cam My district centre to National Highway 1A, a 6-kilometre road to Phuoc An Port and a 2.4-kilometre road section connecting Buu Hoa Bridge with National Highway K1.

The Thong Nhat Bridge and its approach roads are also under consideration for development, with an estimated cost of US$45 million for the project.

Dong Nai is also looking for investment in two water drainage and wastewater treatment projects in the provincial capital city of Bien Hoa and another four projects in other towns and districts. 

A wastewater treatment system/Illustrative photo (Source: VNA)

A wastewater treatment system/Illustrative photo (Source: VNA)

The provincial authorities said that these 12 projects are designed to boost the province’s socio-economic development and help with local environmental protection.

Dong Nai has attracted more than US$373 million in 38 foreign direct investment (FDI) projects as of the end of March, of which US$152.6 million was registered in 18 new FDI projects and US$220.5 million was added to 20 existing ones.

According to the provincial Department of Planning and Investment, most of the projects are in supporting industry that is high-tech and environmentally friendly.

The province has been home to 1,901 FDI projects with a total registered capital of US$34.1 billion. Of them, 1,400 projects worth US$28.9 billion are operational.

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