Bac Giang ranks eight in FDI attraction

Update: 18:39 | 06/08/2021

(BGO) – In spite of impact by Covid-19 pandemic, Bac Giang province drew nearly 800 million USD of foreign direct investment (FDI) in seven months, accounting for nearly 67 percent of the yearly target, including 21 new domestic projects and 13 FDI ones with registered capital of 613 million USD, over two folds year on year increase. The figure helped the province rank eight nationwide in FDI attraction.  

Since early this year, the provincial People’s Committee has taken great efforts to implement several solutions to improve the business investment environment to facilitate FDI enterprises to pour capital to the province while ordering the relevant organizations, the People’s Committee in the districts and city to assist the businesses to early complete investment procedure, handle obstacles on land, accelerate the site clearance progress...

Bac Giang province, ranks eight, FDI attraction, Covid-19 pandemic, foreign direct investment, year on year increase

Illustrative image.

Several projects with huge investment are Fukang Technology Plant, Photoelectric Cell Technology of Ja Solar PV Vietnam, Risesun New Material Vietnam Plant, Kodi New Material Vietnam Plant among others.

 

Minh Linh
Investment attraction priority taken to field with competitive advantage
(BGO) – Recently, the Ministry of Planning and Investment has verified Plan of Bac Giang province in period 2020 – 2030 with the vision to 2050. In the Plan, Bac Giang targets to be a modern industrial province with GRDP in top 15 leading provinces and cities nationwide and ranking first in the Northern Midland and Mountainous Region. To realize the goal, the province should implement solutions synchronously, especially investment attraction.
 
Van Trung industrial parks lure two more investment projects
(BGO) – Since early April, two more projects have been invested in the industrial park in Bac Giang province. 
 
Investment attraction to Bac Giang increases 17.7 percent in 5 months
(BGO) – In May 2021, Bac Giang province attracted 27.5 million USD of investment, down 88 percent comparing to the figure at the same period last year. In accumulation, the province has drawn more than 735 million USD for the first 5 months, making up 17.7 percent year on year increase. 
 
Yen The draws 2 investment projects
(BGO) – Since early this year, Yen The district (Bac Giang province) has attracted two investment projects.
 
Luc Nam focuses on planning to create foundation for investment attraction and development
(BGO) – Luc Nam district is defined as the key area for industry, trade, service and urban development in the East of Bac Giang province. To realize this target, the district has highly focused on plan completion, investment attraction with first priority taken to mobilize all sources for infrastructure construction. 
 
 
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