Bac Ninh leads in FDI attraction in two months of 2022
(BNP) - In the first two months of 2022, Bac Ninh province led in FDI attraction with a total registered investment capital of more than USD 1.3 billion. FDI flows into Bac Ninh accounted for 26.5 percent of the country’s total and was 7.6 times that of the same period last year.
Illustrative photo.
So far this year, the province has licenced 16 new FDI projects with combined registered capital exceeding USD 33.8 million; adjusted capital for 22 projects with the adjusted capital increased by more than USD1.25 billion; recovered 06 projects with a total investment capital of more than USD 13.6 million.
Most of the additional funding was registered to land in developing urban and service infrastructure at the Vietnam-Singapore Industrial Park (VSIP) Bac Ninh (USD 941 million), and building a plant for manufacturing electronic devices, network equipment and multimedia audio products at Que Vo Industrial Park (USD 306 million),
Until now, Bac Ninh is home to 1,727 valid FDI projects with total registered investment reaching nearly USD 22.54 billion.
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