More than 1,400 FDI projects are investing in the province

30/09/2019 14:46

(BNP) - According to statistics, as of September 20, the province has attracted 172 FDI projects with a total registered investment capital of USD 707.3 million USD, increasing 32.2 % in the number of projects and nearly 2 times in the registered capital compared to the same period last year.

Chairman Nguyen Tu Quynh receives Korean enterprises to explore investment opportunities in Bac Ninh.

Recently, Bac Ninh has attracted foreign direct investment in the direction of selecting projects under the criteria of 3 high and 2 low including high technology, high environment, high budget and low land, low labor.

Up to now, 1,424 FDI projects have been licensed (still valid) with total adjusted investment capital of USD 18,034.1 million USD. In particular, there are 1,172 projects in the sector of manufacturing and processing with a total investment of USD 17,195.9 million focusing large capital of enterprises from some countries and territories such as Korea, China, Japan, Taiwan, Hong Kong, ...

In order to r improve the quality of FDI inflows, the province will have preferential policies to attract projects which having source technologies and export products as well as promote the application of information technology, review and simplify administrative procedures; build infrastructure of industrial parks…