Dong Nai People's Committee granted investment certificates to eight new projects and adjusted capital for six ongoing ventures on February 8, worth a combined $738 million.These include seven foreign-invested projects worth $243 million and one domestic venture with an investment of $35 million. Singapore's Mapletree Logistics Trust received the green light to implement the Mapletree Logistics Park Tam An 1 with an investment of $101.1 million. Meanwhile, Quest Composite Technology Co., Ltd. will invest $39.9 million in a plant to produce spare bike parts.Mega Lifesciences, a Thai pharmaceutical firm, will spend $28 million to build a factory to produce cosmetics, functional foods, and medical equipment. Likewise, Japan's Atai Fuji Electric will pour $24 million into its coolant pump manufacturing factory.Others include a $34.4 million food and agrifood processing factory by Golden Field Co., Ltd., a $10 million home electrical appliance by Leadership Electric Appliance Co., Ltd., a $5.5 million ready-built factory by Smart Leader No. 1, and a $35.2 million metal products factory by APF Dong Nai.In addition, six projects will increase their investments by nearly $460 million. Among them, SMC Manufacturing Vietnam Co., Ltd. under Japan's SMC Corporation will pour an additional $330 million into its automatic control devices factory, raising its investment to $1 billion in Dong Nai and becoming the largest Japan-invested project in the locality. (ICE HO CHI MINH CITY)

Fonte notizia: Vietnam Investment Review