Gia Binh II Industrial Zone in Bac Ninh province. (Photo dangcongsan.vn)Bac Ninh (VNA) - The northern province of Bac Ninhattracted more than 565 million in foreign investment in the first quarter of2023, ranking third among localities nationwide, according to theprovincial People's Committee.
In the reviewed period, the province granted licences to 55new projects, worth 481 million USD, which doubled thenumber of projects seen in the same period last year and marked ayear-on-year increase of 8.5 times in terms of capital.
It also allowed 31 operating projects to raise their capital bymore than 83 million USD.
Along with foreign-invested projects, the province alsolicensed six new domestically-funded ones with capitaltotalling 1.27 trillion VND (54.3 million USD). The province is now hometo 1,534 valid domestically-invested projects capitalised at over 253.8trillion VND.
Vice Chairman of the provincial People’s Committee Ngo Tan Phuongsaid the province would continue to implement solutions to support foreignand domestic businesses.
It would focus on accelerating site clearance, investing ininfrastructure construction of industrial zones and clusters, and fosteringinvestment promotion.
Along with that, the province would develop high-techindustries, and smart manufacturing, and anticipate a new wave ofinvestment in semiconductors and chips; 5G and 6G technology, energybatteries, and ecological agricultural production./.
In the reviewed period, the province granted licences to 55new projects, worth 481 million USD, which doubled thenumber of projects seen in the same period last year and marked ayear-on-year increase of 8.5 times in terms of capital.
It also allowed 31 operating projects to raise their capital bymore than 83 million USD.
Along with foreign-invested projects, the province alsolicensed six new domestically-funded ones with capitaltotalling 1.27 trillion VND (54.3 million USD). The province is now hometo 1,534 valid domestically-invested projects capitalised at over 253.8trillion VND.
Vice Chairman of the provincial People’s Committee Ngo Tan Phuongsaid the province would continue to implement solutions to support foreignand domestic businesses.
It would focus on accelerating site clearance, investing ininfrastructure construction of industrial zones and clusters, and fosteringinvestment promotion.
Along with that, the province would develop high-techindustries, and smart manufacturing, and anticipate a new wave ofinvestment in semiconductors and chips; 5G and 6G technology, energybatteries, and ecological agricultural production./.
VNA
