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Bac Giang accompanies investors to soon put projects into operation

Updated: 15:51, 29/01/2021
(BGO) – The Bac Giang provincial People's Committee just granted investment registration certificates to four foreign direct investment (FDI) projects in the locality. Immediately after that, the province has directed relevant agencies and localities to create the most favorable conditions for investors in terms of administrative procedures, infrastructure, services and labor in order to soon put projects into operation.

At the beginning of January 2021, the provincial People's Committee presented investment registration certificates to three investors implementing four projects in the Quang Chau Industrial Park (Viet Yen district) and the Hoa Phu Industrial Park (Hiep Hoa district) with a total registered investment capital of nearly 13 trillion VND (563.7 million USD). Among them, the Fukang Technology Factory project of Foxconn Singapore PTE Ltd, headquartered in Singapore, in the Quang Chau Industrial Park is the largest project with a registered investment capital of 270 million USD. Zhuo Xianhong, General Director of Hong Hai Science and Technology Group (Foxcorn) in Vietnam, said that this year, the group's revenue in Bac Giang is expected to exceed 6 billion USD and is likely to increase to 15 billion USD in 2022 when the project becomes operational.

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Hoa Phu Invest Company Limited, the investor of the Hoa Phu Industrial Park, is building infrastructure to lure new investors.

At a number of exchanges and working sessions with investors, Chairman of the provincial People's Committee Le Anh Duong affirmed that Bac Giang always goes hand in hand with investors operating in the province to create the most favorable conditions for them in accordance with legal regulations.

The provincial People's Committee has requested relevant departments and agencies to focus on streamlining administrative procedures so that investors can soon deploy their projects and put them into stable production. Accordingly, the Department of Planning and Investment was urged to create favorable conditions for investors to quickly carry out business registration procedures. Dao Duy Trong, Director of the Department of Natural Resources and Environment, said his agency had gathered human resources to shorten the time for appraising environmental impact assessment reports and submitted them to competent authorities for approval. 

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Vice Chairman of the provincial People's Committee Phan The Tuan inspects the site clearance progress at the Quang Chau Industrial Park.

This is the legal basis for investors to implement environmental protection measures in accordance with the law, thus preventing environmental pollution. The provincial Police Agency must instruct enterprises to make plans for fire prevention and fighting. Other relevant sectors and units such as the Department of Labor, Invalids and Social Affairs and the provincial Industrial Zones Management Board have been asked to create the best conditions and support for investors to recruit labor, ensuring sufficient workforce when the projects come into operation, while issuing work permits for foreign workers.

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The Quang Chau Industrial Park (Viet Yen district)

To ensure the clean ground for investors to implement their projects, the People's Committee of Viet Yen district is actively implementing synchronous solutions to soon complete site clearance compensation to coordinate with the Quang Chau IP infrastructure investor. Nguyen Van Phuong, Chairman of the Viet Yen district People's Committee, said that following the instructions of the provincial People's Committee, specialized agencies of the district and related communes and townships are concentrating on implementing necessary procedures to complete site clearance on the remaining 17 hectares of land before March 15 as planned. After the site clearance is completed, the industrial park infrastructure investor will build infrastructure to ensure the best conditions in electricity, water and transport for investors. In Hiep Hoa district, the district People's Committee and infrastructure investor have cleared the ground in the land plots, ensuring the clean land fund for project implementation.

Along with the above solution, the People's Committee of Viet Yen district has paid attention to improving, expanding and building a new system of roads and bridges to ensure convenient goods transportation. Along with the development of the road system, the committee has also created favorable conditions for investors to implement housing projects for workers.

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Minh Linh

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