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Singapore ranks third in scale of foreign investment in Bac Ninh
(BNP) - According to the report of the Department of Planning and Investment, the province now has 34 projects of Singapore investors with a total capital of USD 894 million, ranking the 3rd in the scale of foreign investment in the province.
VSIP Bac Ninh is a model of attracting foreign investment in the province.
The projects of Singapore mainly invested in manufacturing and processing, infrastructure construction and real estate business, notably the investment project to build industrial parks, urban areas and VSIP services with total investment capital of USD 311.6 million; the project of garment manufacturing factory of Maple Company Limited with a total investment of USD 110 million; ACC Vietnam factory project with a total investment of USD 90 million...
Singaporean investment projects in Bac Ninh are operating effectively, contributing to improving the quality of the provincial infrastructure, creating jobs for workers, increasing export turnover and increasing local budget revenue.
In the coming time, Bac Ninh province will continue to cooperate with Singapore in the field of infrastructure development and high technology, clean technology and environmentally friendly; in the field of education and training ..., especially speeding up the progress of VSIP Bac Ninh II, thereby, tightening and strengthening the strategic partnership between Bac Ninh and Singapore in particular and Vietnam and Singapore in general.