Bac Giang grants licences to four FDI projects

Update: 16:53 | 19/01/2021

BGO - On January 18, the Bac Giang provincial People's Committee held a ceremony to grant investment registration certificates to four FDI projects. Attending the event was Chairman of the provincial People's Committee Le Anh Duong.

Bac Giang, licences , four FDI projects

Chairman of the provincial People's Committee Le Anh Duong grants investment registration certificates and gives flowers to congratulate corporations and enterprises.

The projects include Fukang Technology Factory invested by Foxconn Singapore PTE Ltd, headquartered in Singapore, in the Quang Chau Industrial Park (Viet Yen district) with the aim of manufacturing tablets and laptops. The project has a capacity of about 8 million products per year and a total registered investment capital of 270 million USD.

Bac Giang, licences , four FDI projects

Chairman of the provincial People's Committee Le Anh Duong speaks at the ceremony.

The second is the 3.5 million GW Ja Solar PV Vietnam photovoltaic cell project of investor Ja Solar Investment Limited headquartered in Hong Kong (China) implemented in the Quang Chau Industrial Park to manufacture photovoltaic panels. It has a total registered investment capital of 210 million USD.

Besides, Risesun Investment Pte. Ltd (Singapore) will pour 75 million USD into a plant to produce plastic and composite products in the Hoa Phu Industrial Park (Hiep Hoa district) and 6 million USD into another factory to manufacture decorative PVC films in the Hoa Phu Industrial Park.

Bac Giang, licences , four FDI projects

Chairman of the provincial People's Committee Le Anh Duong grants the investment licence to a representative of Hong Hai Science and Technology Group (Foxcorn) in Vietnam.

Speaking at the ceremony, Chairman of the provincial People’s Committee Le Anh Duong emphasized that with the motto of creating all the most favorable conditions in the legal framework for investors, in recent years, Bac Giang province has taken many solutions to improve the business and investment environment, administrative procedure reform and legal assistance, as well as develop support services for investors. With specific actions, Bac Giang has been determined to build and create a really open, transparent and attractive investment and business environment, improve provincial competitiveness, and create driving forces for investment and development of enterprises, thus generating breakthroughs in the province's socio-economic development.

Bac Giang, licences , four FDI projects

Zhuo Xianhong, General Director of Hong Hai Science and Technology Group (Foxcorn) in Vietnam, addresses the event.

Over the past five years, Bac Giang has always been in the top 10 provinces and cities in the country in terms of FDI attraction. It now has 472 FDI projects with a combined registered capital of more than 6 billion USD. FDI enterprises have actively contributed to the industrialization, modernization, labor restructuring and socio-economic development. Right on the first days of the new year 2021, Bac Giang is pleased to welcome three major investors to implement four projects with a total registered capital of nearly 570 million USD.

The provincial leader affirmed that Bac Giang will provide the best possible technical infrastructure and services to investors such as transport, electricity, water and environment for their production and business. The provincial People's Committee, departments, agencies and localities pledge to provide the most favorable conditions in the legal framework for investors so that they can implement the projects soon.

Bac Giang will also accompany businesses in building progressive and harmonious relationships with employees; and solving problems related to social infrastructure services for workers. Provincial leaders will regularly keep close contact with businesses to promptly grasp their difficulties and problems. The province is responsible for finding solutions to jointly remove obstacles enterprises face during their operations in the locality.

The Chairman of the provincial People's Committee asked businesses to ensure the registered schedules and contents. The investment, production and business process must be associated with environmental protection. They should prioritize the application of high technology in production, and pay special attention to building corporate culture and harmonious and progressive labor relationships. Investors need to work closely with the authorities to receive timely support and guidance in the compliance with the laws of Vietnam, the regulations and policies of the province; access to investment incentives; and solving problems they may face.

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