RoK firms seek investment opportunities in Bac Ninh

A programme to boost connection between businesses of the Republic of Korea (RoK) and those of the northern province of Bac Ninh was held in the province on May 18.
RoK firms seek investment opportunities in Bac Ninh ảnh 1RoK firms seek investment opportunities in Bac Ninh (Photo: VNA)

Bac Ninh (VNA) – A programme to boost connection between businessesof the Republic of Korea (RoK) and those of the northern province of Bac Ninh was held in the province on May 18.

Speaking at the event, Standing Vice Chairman of the BacNinh People's Committee Vuong Quoc Tuan said the province has alwaysmade efforts in creating favourable conditions in terms of premises, humanresources, and administrative procedures for investors coming to the locality.

The smallest province in the country, yet Bac Ninh has a favourable geographical position and the constant reformefforts of the province’s leaders have created a healthy investment environment ranking top of the country, he noted.

Currently, Bac Ninh has 16 industrial parks covering a total area of nearly 6,400 hectares. Of this, 10 havebeen put into operation and two are under construction

Speaking highly of the investment environment, potential anddevelopment of the province over the past time as well as efforts in organisingactivities to connect with the RoK’s businesses, RoK Minister Counsellor YoonSang Key expressed his hope that more investment cooperation relations will beestablished between the two sides after the programme.

During the event, RoK investors discussedtheir interests of investment areas such as environment, science andtechnology, Korean language training, human resources training, and industrialequipment and electronic components, among others.

On the occasion, relevant departments and agencies introduced the potential, strengths and investment attraction orientations of the province, and answered questions raised by enterprises.

The province is planning toestablish a working team to remove difficulties for businesses in the areas ofinvestment, construction planning, environment, security, and labor trainingin order to create a bridge to help businesses remove difficulties and promotedevelopment.

Among the 39 countries and territories currently investing in Bac Ninh, the RoK is the biggest investor with 960 projects worth nearly 14.34 billion USD, accounting for 60% of the total foreign investment in the province./.

VNA

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