Currently, there are 1,400 valid projects in Bac Giang - Illustrative image (Source: nhadautu.vn)Bac Giang (VNA) – The northern province of Bac Giang will takedrastic measures from now until the end of this year to lure more investments.
Chairman of the provincial People’sCommittee Nguyen Van Linh recently asked local departments and sectors to hastenadministrative procedures to attract both domestic and foreign investors to thelocality.
The Department of Planning and Investmentwas asked to study new policies on investment attraction, and propose measuresto increase the quality of projects.
The management board of industrial zones wasdirected to strengthen responsibility and urge investors to speed up constructionon industrial zone infrastructure, and work with districts in ground clearanceto create favourable conditions for investors.
Linh also asked the Department ofConstruction to work with Bac Giang city and districts to inspect and supervisethe granting of construction licenses, enhance its responsibility of managing constructionorder and solve violations.
In the first two months of 2018, Bac Giangattracted 40 domestic-invested projects with total registered capital of 498billion VND (21.8 million USD) and 15 foreign-invested ones worth 30 millionUSD. More 121.3 million USD was also poured into eight existing projects in theperiod.
Currently, there are 1,400 projects in thelocality, of which 1,062 projects worth more than 78.7 trillion VND areinvested by domestic businesses and 338 are foreign direct investment projectsworth more than 3.9 trillion USD.-VNA
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