So far, Bac Giang has had 495 valid foreign direct investment (FDI) projects with total investment capital of over 9.1 billion USD. By the end of April 2023, the province had 342 RoK investment projects with total registered capital of nearly 2.3 billion USD, ranking first in the number of projects and second in total registered capital among 27 countries and territories investing to Bac Giang. Most of RoK businesses invested in diverse fields of electronic component manufacturing, electric equipment and plastic product producing.

RoK Minister Counsellor Yoon Sang Key voices at the event.

At the event, RoK enterprises confirmed that Bac Giang has recently become ideal destination for them because local authority offered many good policies for investment attraction, paid due attention to constructing infrastructure at the industrial parks.

Some informed that many Korean businesses have currently operated in the field of water, environment and supporting services which are new and receive high interest from people and community. Therefore, Bac Giang can research and build an industrial park for the water and environment sector. At the same time, the province was suggested to connect to Korean businesses for conducting survey and launch projects in the field of high technology, human resource development, supporting industries, logistics and renewable energy among others.

RoK business speaks at the meeting.

Speaking at the programme, PPC Vice Chairman Phan The Tuan pressed that Bac Giang always welcomes and commits to creating best investment environment to the investors in general and RoK businesses in particular.

The province now focuses on completing and developing traffic system, infrastructure at industrial parks and clusters, training human resources to meet the businesses’ demand by expanding and luring vocational training facilities. Besides, Bac Giang will support the enterprises to proceed administrative procedure at soonest manner.

PPC Vice Chairman Phan The Tuan discusses some contents relating to investment attraction.

Regarding an industrial park for the water and environment sector, he considered it’s a new field so the provincial leader will research and evaluate conditions and feasibilities. PPC Vice Chairman hoped that RoK Embassy and businesses will introduce and promote the advantages, potentials and investment attraction policies of Bac Giang while investing more to projects in the field of industrial park, modern and synchronous complex urban, high-end hotel and resort complex…

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