Bac Giang creates clean land fund to welcome investors
BAC GIANG - Bac Giang province is a destination chosen by many domestic and foreign investors. In addition to its geographical location advantage, the province has well conducted the planning task together with open and favorable investment attraction policies. Currently, Bac Giang is making efforts to create land funds for industrial development, supporting enterprises to invest effectively in the area.
Amid many challenges in the domestic and international economy, the province's industrial development investment attraction still achieved positive results in 2024.
Foxconn Group expands project in Quang Chau Industrial Park. |
Many large-scale investment projects were approved, including infrastructure investment projects in industrial parks and foreign direct investment (FDI) projects.
During 2021-2030 period, the Prime Minister approved for Bac Giang to plan a total of 29 industrial parks (IPs) and 63 industrial clusters (ICs).
In the list of IPs prioritized to be implemented in the period of 2022-2025, to date, the approval of the construction planning of 14 IPs has been basically completed; 6 IPs are under preparing stage for construction planning projects and one IP is under preparing stage for construction planning task.
Currently, the investors are submitting documents to request appraisal and approval of investment policies of 10 IPs with a total additional area of more than 913.3 hectares.
In 2024, the Prime Minister approved 3 new IPs: Phuc Son (Tan Yen), Chau Minh - Bac Ly - Huong Lam phase 1 (Hiep Hoa), Hoa Yen (Viet Yen and Hiep Hoa) and 2 expanded IPs: Vietnam Korea (Viet Yen), Yen Son - Bac Lung (Luc Nam). Thus, Bac Giang has 11 IPs established with an approved land area of over 2.7 thousand hectares.
The whole province currently has 55 ICs, 35 of which have had completed technical infrastructure and come into operation; 12 newly established ICs in 2022, 2023 are completing legal procedures and site clearance compensation.
In order to have a clean site for investors to build infrastructure in IPs and ICs on schedule, the Chairman of the Provincial People's Committee established a working group and a support team to urge the implementation of site clearance in IPs and ICs.
For each industrial park project, the province issued a specific site clearance plan, divided into several phases and required implementation in a "rolling" manner, with periodic meetings to review progress.
Electronic components manufacturing at Samkwang Vina Co., Ltd. |
To implement the above direction, many localities established a Site Clearance Steering Committee headed by the Chairman of the District People's Committee or the Secretary of the District Party Committee directly monitoring and directing the implementation of the projects.
Bac Giang province continues to take industry as the main pillar and driving force to promote growth, shift economic structure and develop other sectors; persist in the goal of industrial development towards building a "Sustainable Industrial Ecosystem", prioritizing to attract electronics, processing and manufacturing industries with high added value, environmentally friendly, especially semiconductor and AI industries...
According to the representative of the provincial Industrial Park Management Board, to achieve the above goal, the unit continues to grasp and coordinate with localities and investors to speed up the progress of infrastructure projects in IPs and ICs, ensuring clean land to attract investment; remove difficulties and obstacles, call for and promote investment, and soon put projects into operation and effective exploitation.
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