The list of projects includes the Medical Centres of districts Yen Dung, Luc Ngan and Viet Yen; the Cancer Hospital; those on renovating and upgrading Provincial Road 292, Provincial Road 29, Provincial Road 298; roads and bridges connecting Hiep Hoa district with Pho Yen town; a road linking National Highway 37-National Highway 17-Provincial Road 292; Ha Bac 2 road and a bridge connecting Branch Line 2, Ring Road IV with Yen Phong Industrial Park and National Highway 18, Bac Ninh province; Nhu Nguyet bridge; the Chan sluice pumping station; and the A Lu bridge section of the GMS2 project.

The project to expand Nhu Nguyet Bridge is a key one that is expected to solve traffic congestion and improve the exploitation capacity of the Hanoi-Bac Giang expressway.

The province is focused on speeding up investment and development of industrial parks, aiming to put them into operation soon. The province will pay attention to site clearance and compensation works at industrial parks of Viet Han, Quang Chau, Hoa Phu, Song Khe - Noi Hoang (south) and Yen Lu and Tan Hung new industrial zones, and Expanded Hoa Phu Industrial Park.

The province will guide investors in procedures to propose the establishmens and expansion of industrial parks including the 300-hectare Yen Son - Bac Lung industrial park in Luc Nam district, the 125-hectare Phuc Son Industrial Park in Tan Yen district and the expanded 198-hectare Viet Han Industrial Park in Viet Yen district.

Bac Giang targets to complete investment procedures for new projects to be started this year, especially key and urgent projects of the province such as the roads connecting Provincial Road 295 and National Highway 37 in Lang Giang district; the construction of a new inter-agency building of Bac Giang province; the expansion of Son Dong district health centre; and the provincial center for disease control.

In the first quarter of this year, the province rolled out several major projects including ten public investment projects, two Public Private Partnership (PPP) projects, and nine projects with non-State capital investment.

Some of the projects including a road connecting National Highway 37 - National Highway 17 - Vo Nhai (Thai Nguyen), Dong Viet bridge and approaching road in Yen Dung district, the Bac Giang Cultural - Exhibition Centre, a new inter-agency building in Bac Giang province and the Tay Yen Tu Spiritual - Ecological Tourist Area project.

Notably, the Tay Yen Tu Spiritual - Ecological Tourist Area project was approved in 2016 and its investment plan was adjusted in 2021. The project covering about 136.36 hectares has a total investment capital of nearly 1.5 trillion VND. Its construction is expected to be completed in the fourth quarter of 2024.

By now, the project investor has coordinated with Son Dong People's Committee to compensate and clear the area of 85 ha. The fist phase of the project was put into operation in 2019.

In March, the province established a number of new industrial complexes with total investment of more than 1.87 trillion VND (78.2 million USD), according to local authorities.

They include the Phuong Son - Dai Lam, Phuong Son, and Thanh Son industrial complexes, which cover a total of 161 ha in Luc Nam, Lang Giang, and Luc Ngan districts.

Construction of infrastructure will be conducted from March to December.

These new industrial facilities are expected to attract investment in a wide range of sectors, such as electronics, garments and textiles, farm produce processing, supporting industries, and manufacturing.

Under its master plan on improving investment efficiency by 2030, the province will allocate more than 10,000 hectares to industrial development.

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Attracting Japanese investment into new fields

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Bac Giang accelerates progress of public investment disbursement, increases budget collection

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PM chairs meeting on investment plans for expressways

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Vietnam among top five property investment destinations for wealthy Singaporeans

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Source: VNA