Delegation of Hehehui Business Association (China) explores investment opportunities in Bac Ninh province

Overview of the working session.

Representatives from the Department of Industry and Trade also received and worked with the delegation.

At the meeting, the Authority briefed on the situation of Bac Ninh Industrial Zones’ construction, development, and investment attraction, as well as the operation of Chinese enterprises in Bac Ninh.

Bac Ninh province has now 16 integrated industrial zones with 24 investment projects to build and develop industrial park infrastructure totaling 6,397.68 hectares and an occupancy rate of about 58.6%.

There are 444 Chinese projects in the province with a total registered investment capital of more than USD 950 million. Among which, there are nearly 170 Chinese projects with a total capital of USD 700 million in the integrated industrial zones. Chinese FDI projects are mainly in the fields of electronic component manufacturing, precision mechanics, service industries, and civil industry. This creates jobs for about 42,000 workers in the area and attracts many workers from other provinces and cities, thereby, positively contributing to Bac Ninh province's socio-economic development.

With an open, friendly and cooperative spirit, the Authority and the delegation discussed and shared information about Bac Ninh province’s investment environment, policies and incentives for investment attraction in the province; potential and investment attraction orientation of the province in the coming years; as well as some production and business fields of the Association’s enterprises.

Previously, in October 2023, some enterprises under the Hehehui Business Association also surveyed the environment investment and business in the province.