Bac Giang attracts investment capital of over one billion USD

Updated: 15:37, 29/08/2022

(BGO) – In August, Bac Giang province attracted investment capital of over 49 million USD, representing 67.75 percent of the figure last year. In accumulation, the province has drawn over one billion USD of investment, making up 1.2 fold year on year increase, reported the Department of Planning and Investment.

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They included 22 newly licensed domestic and 18 foreign direct investment (FDI) projects with registered capital of 5,551 billion VND (237.1 million USD) and 269.63 million USD respectively.

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Also, the province gave a nod for 7 domestic and 29 FDI projects to add more capital up to 80.4 billion VND and 527.77 million USD respectively.

In 8 months, the province had 991 newly established businesses, up 14.3 percent comparing to the same period last year with registered capital of 22,998 billion VND (up 30.4 percent).

The high investment was gained thanks to drastic direction from the province to improve the business and investment environment, facilitate the enterprises in production and business activities.

From now till this year end, the province continues urging the site work for projects to build the infrastructure of industrial parks and clusters to welcome new investors.

Trinh Lan

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