Bac Giang attracts high FDI flow

Update: 20:58 | 12/10/2021

(BGO) – The Industrial Park Management Board (IPMB) in Bac Giang province has given a nod to ET Enegy Techology Company Limited in Van Trung industrial park  to add more 30 million USD to its solar panel production project, making total capital of the project up to 87 million USD.  

Thus, for the first nine months of this year, local competent agencies have adjusted 32 foreign direct investment (FDI) with registered capital of over 620 million USD, representing 2.02 fold year on year increase, three of which are from Singaporean investors, eight from Republic of Korea and six from China.

Bac Giang province, high FDI flow, FDI attraction, Industrial Park Management Board,  solar panel production project, foreign direct investment

The production line at Suntech Joint Stock Company in Thanh Van commune (Hiep Hoa district).

These projects have been implemented in several industrial parks in Viet Yen district, Hoa Phu industrial park, Hop Thinh industrial cluster (Hiep Hoa district) and Bac Giang city.

Most of the FDI projects are in the field of electronic component manufacturing with some big projects as photoelectric cell technology project of JA Solar PV Vietnam worth 210 million USD; Fukang Technology plant project with registered capital of 293 million USD.

Bac Giang province has been rank in top leading provinces and cities with seventh position in term of FDI attraction result, only after Long An, Binh Duong, Ho Chi Minh city, Can Tho, Hai Phong and Hanoi.


Minh Linh
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