Bac Giang approves and adjusts 222 investment projects

Update: 16:01 | 03/12/2019

(BGO) – The investment attraction to Bac Giang province has been accelerated with positive results since early this year, especially drawing foreign direct investment (FDI) projects with sharply increased capital, much improved quality and bigger scale.

Accordingly, the province has to date issued and adjusted the investment registration to 222 projects with total of newly registered and added capital hitting 1.16 billion USD, up 87.4 percent comparing to the same period in 2018.

Bac Giang province, approves and adjusts, investment projects, FDI, investment attraction,  sharply increased capital, improved quality

Illustrative image.

Particularly, Bac Giang province rank sixth nationwide in term of FDI attraction (after Ho Chi Minh city, Binh Duong province, Dong Nai province, Hanoi city and Tay Ninh province).

Besides creating all favourable conditions to lure the investment projects, the provincial People’s Committee and competent agencies have strictly handled the violation in execution of investment regulation such as revoking 7 domestic investment projects with total capital of 253 billion VND (10.9 million USD) and 9 FDI projects with total registered capital of 35.6 million USD.

Bac Giang ranks 11 nationwide in FDI projects and 10 in registered capital
(BGO) – Bac Giang province attracted a total registered capital of 34.9 million USD in April 2019, including 9 new domestic invested projects worth 208 billion VND (8.9 million USD) and 4 foreign direct investment (FDI) projects with registered capital of 8.5 million USD.
Bac Giang draws 41 new FDI projects to industrial parks
(BGO) – According to the Management Board of Industrial Parks in the northern province of Bac Giang, the industrial parks have attracted 46 new investment projects.
Bac Giang in top leading provinces with highest rate of FDI attraction
(BGO) – The northern province of Bac Giang approved for 99 projects in the first seven months of this year including 54 domestic investment projects with total registered capital of 971 billion VND (41.9 million USD), 45 foreign direct investment (FDI) ones totally worth 450 million USD.
FDI attracts 29.11 billion USD
Within the first 10 months of 2019, Vietnam has attracted over 29 billion USD in FDI, up 4.3% compared to the same period in 2018.
Vietnam - bright spot in FDI attraction in ASEAN
News and World Report of the US has ranked Vietnam eighth among 29 best economies to invest in, and first among the Association of Southeast Asian Nations (ASEAN) in the list.

Thanh Nam

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