Bac Giang attracts new investment of over 290 million USD

Update: 16:17 | 25/04/2019

(BGO) – According to the report of the Department of Planning and Investment, Bac Giang attracted a registered capital of 34.9 million USD in April, making up a total investment of 290.6 million USD in the first four months, up 40.7 percent against the same period last year.

In which, the license were issued to 11 new domestic projects with registered capital of 187.7 billion VND (over 8 million USD) and 19 new foreign direct investment (FDI) ones totally worth 148.7 million USD. Besides, 9 FDI projects were given a nod to add the capital up to 134.1 million USD.

Bac Giang province, new investment,  registered capital, new domestic projects, new foreign direct investment, newly established businesses

Illustrative image.

Several projects have been executed such as Seojin Vietnam Factory worth 100 million USD that is specialised in producing and fabricating the aluminium mould, spare part shell, metal shell of Led light and etc; Sunrise Technology Vietnam Factory with registered capital of 20.8 million USD; Gigalane Vina Factory worth 4.5 million USD; Telstar Vietnam Factory worth 4.5 million USD.

Regarding FDI attraction, Bac Giang province rank 11 in the project numbers and secured the 10th position across the nation in term of registered capital (282.2 million USD, accounting for 40.3 per cent of the plan).

Additionally, 128 new enterprises were established in April with the registered capital of 1,345 billion VND (57.9 million USD), making up a total of 292 newly established businesses in 4 months, up 2.4 percent comparing to the same period last year.

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Minh Khue

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