Bac Giang attracts investment of over 1.46 billion USD

Update: 10:51 | 20/12/2021

(BGO) - Bac Giang province attracted over 357 million USD of investment capital in December this year, representing 2.6 fold increase year on year, reported the provincial competent sector.

The province granted license to two domestic direct investment (DDI) projects with registered capital of 1,213 billion VND, one foreign direct investment (FDI) project worth five million USD as well as approved for two DDI and three FDI projects to add more capital.

Bac Giang province, attracts investment, investment capital. FDI project, DDI project, 2.6 fold increase, registered capital, added capitals

Workers at Hoa Phu Industrial Park.

Thus, this year total newly registered and added capital hit about 1.466 billion USD, up 0.2 percent comparing to the figure last year, including 29 new DDI and 23 FDI projects, 13 DDI and 51 FDI projects with added capitals.

Particularly, 17 FDI projects have been licensed in the provincial industrial parks (IP) this year, making total number of investment projects up to 419 with registered capital of nearly 7 million USD in the IP.

Currently, 385 projects are operated with more than 190,000 labours, up about 40,000 people more than the period before Covid-19 outbreak.

According to Head of provincial IP Management Board Dao Xuan Cuong, to welcome more investors in 2022, the province has focused on implementing the site work at newly established and expanded IP; directing infrastructure investors to accelerate the project schedule to create clean land fund to lure sub-investors and boosting the administrative reform to facilitate the investors.

Tan Hung industrial park established
(BGO) – The Bac Giang provincial People’s Committee (PPC) has issued the Decision to approve for establishing Tan Hung Industrial Park (IP) in Lang Giang district.
Investment policy approved to construct infrastructure and do business in Tan Hung industrial park
(BGO) – On November 23, the Prime Minister (PM) issued Decision No.1971/QD-TTg about the investment policy for the project to construct the infrastructure and do business at Tan Hung industrial park (Project) in Lang Giang district, Bac Giang province.
Bac Giang employs 42,000 more labours to work at industrial parks
(BGO) – Amid the complicated development of Covid-19 pandemic this year, though Bac Giang province used to be the epicenter of Vietnam and suspended the operation of all industrial parks (IPs), to date, six IPs with 385 enterprises have resumed normal activities with more than 192,000 labours, up 20 companies and over 42,000 labours comparing to the figure early this year.
$77-mln industrial park to be built under Vietnam-South Korea economic program
A VND1.78-trillion ($77.4 million) industrial park will be built under a cooperation program promoted by South Korea in the northern province of Hung Yen.
Bac Giang focuses on controlling industrial park outbreak
(BGO) - Le Anh Duong, Chairman of the provincial People's Committee, deputy head of the Standing Board of the provincial Steering Committee for Covid-19 Prevention and Control, and Commander of the provincial Covid-19 Command Center, hosted an online conference with representatives of 10 districts and city on November 16.


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