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Shanghai Fengxian delegation (China) seeks investment opportunity in Bac Giang

Updated: 14:01, 09/05/2019
(BGO) – The Chairman of the Bac Giang provincial People’s Committee (PPC) Nguyen Van Linh on May 8 welcomed a working delegation from Fengxian district, Shanghai city (China) led by Vice Mayor Gu Yi to visit and seek the investment opportunity in Bac Giang province.

Expressing the sincere thanks for the warm greeting from the provincial leader, Vice Mayor Gu Yi briefed the host on the Fengxian’s area of over 720 square kilometers and a total population of more than 1.15 million people.

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PPC Chairman Nguyen Van Linh welcomes Vice Mayor of Fengxian district Gu Yi.

Besides, Fengxian district is close to the river and sea with advantages in transport via 1,434 kilometre of express way. It is one of the well developed commercial centers in Shanghai city, particularly in term of construction material, elevator production and home utensil among others.

Especially, the area is home to a central fruit retail market where many farm products of Vietnam are sold. “The lychee in Bac Giang is very famous. I hope that in the upcoming time, our local tradesmen will buy and sell this fruit in the market,” pressed Vice Mayor Gu Yi.

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PPC Chairman Nguyen Van Linh presents a gift to Fengxian district leader.

Additionally, Fengxian district is highly evaluated for its education, medical and entertainment sectors.

PPC Chairman Nguyen Van Linh applauded the delegates’ visit to seek the investment chances in the province. He introduced the guests on the local potentials, strong points and pressing that China is one of three countries (Japan and Republic of Korea) having many investment projects locally.

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Vice Mayor Gu Yi presents a gift to PPC Chairman Nguyen Van Linh.

The province has considered China as an important partner in investment attraction and industrial development. With the potentials of finance and technology form the enterprises in Shanghai in general and in Fengxian district in particular, the PPC Chairman recommended the guest to pay attention to calling for the local firms to invest in Bac Giang province, especially hi-tech and farm produce processing projects.

The provincial authority promised to create the most favour conditions for Chinese enterprises to comfortably execute the projects in the province.

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The delegates pose for a joint photo.

On his turn, Vice Mayor Gu Yi assessed that Bac Giang has various potentials and investment opportunities. The district authority will research and call for Chinese enterprises to invest in Bac Giang province in the soonest time.

Also, Vice Mayor Gu Yi invited the leaders of Bac Giang province, departments and sectors to visit Fengxian district and Shanghai city while calling for Bac Giang’s businesses to search for the investment chance to the district so as to build up the mutual cooperation and benefit.

Bac Giang lures several projects invested by Korea, China and Japan
(BGO) – To date, Bac Giang province has attracted many investors from 14 countries and territories, in which Korea has the largest number of projects including 225 projects with total registered capital of over 890 million USD (accounting for 62.6 percent of the total number of projects and 21.86 percent of the registered capital).
 
Bac Giang attracts new investment of over 290 million USD
(BGO) – According to the report of the Department of Planning and Investment, Bac Giang attracted a registered capital of 34.9 million USD in April, making up a total investment of 290.6 million USD in the first four months, up 40.7 percent against the same period last year.
 
Defining advantages, enhancing effectiveness of investment attraction
(BGO) – On April 18, Permanent Vice Chairman of the Bac Giang provincial People’s Committee (PPC) Lai Thanh Son chaired a conference to gather opinions and draft the summary report on “The actual situation of investment attraction and industrial development attaching to innovate the growth model in the province from 1997 up to present, target, task and solution for the upcoming time”. 
 
Bac Giang attracts more than 20 investment projects in first 3 months 2019
(BGO) - In March 2019, the northern province of Bac Giang attracted 19 million USD of investment capital including 3 new domestic projects valued at 48 billion VND (2.1million USD) and 3 foreign direct investment (FDI) projects with the registered capital of 5.2 million USD while giving a nod to increasing the capital for 4 FDI projects by 11.7 million USD.
 
Provincial Chairman Nguyen Van Linh requests to continue investment attraction, maintain economic growth rate
(BGO) - Chairman of the provincial People’s Committee of Bac Giang province Nguyen Van Linh chaired the monthly meeting on 20 March.
 

Thu Phong

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