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Bac Giang IPs attract five new investment projects in first four months

Updated: 10:03, 18/04/2022
(BGO) - The Northern province of Bac Giang has gained positive result in investment attraction in the first four months in 2022.

The provincial Industrial Park Management Board granted Investment Registration Certificate to five new investment projects, including three foreign direct investment (FDI) and two domestic direct investment (DDI) ones with total registered capital of 98 million USD and 2,716 billion VND (118.6 million USD).

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Bac Giang province attracts five new investment projects to local industrial parks in the first four months of 2022.

The local authority also gave a nod for 13 projects to add capital up to 203.38 million USD. In accumulation, total new and added capital hit about 419.4 million USD, accounting for 42 percent of the yearly target.

Comparing to the same period last year, the number of newly registered projects reduced seven projects (four FDI and three DDI ones), down some 34.2 percent (equal to 221.16 million USD) due to the impact of Covid-19 pandemic.

After the Government issued Resolution No.128/NQ-CP on October 11, 2021 about temporary regulation on safe and flexible adaptation and effectively control over Covid-19 pandemic, Bac Giang province has implemented various positive solutions to actively recover and develop the economy.

Thus, the province continues to be an attractive destination for investors. The investment capital is forecast to regain fast growth from now on till the end of 2022.

Tran Van Thong
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(BGO) - With 16 FDI projects with a total registered capital of about 903 million USD, Singapore currently ranks 5th in terms of total registered capital and sixth in the number of projects among 25 countries and territories investing in the province. Identifying this as a potential and effective partner, in the coming time, Bac Giang province will continue to implement many solutions to welcome the investment wave from this country.
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(BGO) - On March 9, the People's Committee of Bac Giang province held a 2-level teleconference reviewing infrastructure construction work in 2021 and set out solutions and tasks for this year. Le Anh Duong, Chairman of the People's Committee, presided over the event.
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