Bac Giang attracts nearly 1.1 billion USD of investment

Update: 13:43 | 22/11/2021

(BGO) – Till the middle of November, Bac Giang province attracted 1,093.45 million USD of investment capital, representing 88.36 percent year on year (excluding the urban area and housing projects).

The province granted license to 27 new domestic direct investment (DDI) projects with total registered capital of 1,665 billion VND (73.8 million USD), accounting for 20.2 percent and 20 foreign direct investment (FDI)projects totally worth 637.5 million USD, nearly doubling last year figure.

Bac Giang province, 1.1 billion USD of investment, foreign investment, investment capital, total registered capital

The production line at Fuhong Presision Component Company Limited at Dinh Tram industrial park.

Moreover, local authority gave a nod to 11 DDI and 44 FDI projects to adjust the registered capital up to 176 billion VND and 376 million USD respectively (making up 71 percent).

Particularly in October, Bac Giang rank tenth nationwide in term of investment attraction with huge scale FDI projects mostly in electronic component production (average investment of 150 million USD).

 

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