Chemtrovina specialises in manufacturing electric wire and wireless chargers for Samsung. Chemtrovina just invested 10 million US dollars in expanding the factory in Đồng Nai Province. Rent for its premises would be 20% higher if the factory was based in HCM City.
"Đồng Nai Province has favourable infrastructure, transport system, and logistics procedures. Second, there are plenty of good quality workers here, which gives us stability compared to other provinces." - Hong Ki Hyun, Director, Chemtrovina Co,. Ltd., Dong Nai Province.
"Đồng Nai Province receives the most Thai investment in the south. Đồng Nai is a relatively wide area and provides infrastructure for factories." - UREERAT RATANAPRUKSE, Thai Consul General.
Đồng Nai is one of four provinces to receive the most additional foreign investment. Projects accepted in Đồng Nai in the first half of the year are selected carefully with a priority given to high-tech firms, businesses concentrating on skilled workers, support industry, and environmentally-friendly projects. South Korea, Taiwan and Japan topped the list of foreign investors in the first half of this year.
"We often ask foreign investors to urge firms in their country to invest in Đồng Nai. This has been applied for Taiwanese, US and Japanese investors." - MAI VAN NHON, Deputy Head, Management Board, Dong Nai Industrial Zones Authority
Foreign investors can always make phone calls, send emails or work directly with provincial leaders if they encounter any problems. Collaboration with businesses and improvements in administrative procedures have helped Đồn Nai become one of the country’s top foreign-investment attracting provinces. As of April, Dong Nai Industrial Zones Authority has accepted business applications and work with other agencies to complete all the paperwork for investing enterprises, cutting registration to 10 days or less.
