Bac Giang strives to become modern-oriented industrial area by 2030

Illustrative photo (Source: VNA)

Bac Giang (VNA) – Identifying industrial development a key economic drive, the northern province of Bac Giang eyes turning itself into an industrial locality following a modern and sustainable orientation.

Goals have also been set for the sector’s gross regional domestic product (GRDP) to grow by 19 percent annually during 2021-2030 and for its value to exceed 652.15 trillion VND (28.3 billion USD) by 2025 and hit 2.2 quadrillion VND by 2030.

Bac Giang aims to set up 23 new industrial parks (IPs), expand five IPs, and merge six industrial clusters into a 6,518-ha IP, pushing the total number of local IP to 29 spanning 7,840 ha by 2030.

Meanwhile, 29 new industrial clusters will be established and three other expanded, covering a total area of 1,853 ha. By 2030, Bac Giang hopes to house 66 clusters spanning 3,209 ha.

The local IP development follows a model that consists of an IP and an urban-service area with modern technical and social infrastructure. Prioritised industries include mechanics and manufacturing, and farm produce and food processing. Investment attraction, high-quality human resources building, and technological transfer and application are also focal points.

According to the provincial Department of Industry and Trade, to date, Bac Giang has six IPs covering 1,322 ha; five of them have become operational. They have attracted 409 projects from domestic and foreign investors worth 9.4 trillion VND and nearly six billion USD, respectively.

In 2020, budget collection from the IPs reached over 2.2 trillion VND, or 11 percent of the provincial budget.

In addition, Bac Giang is striving to develop 32 urban areas by 2030, raising its urbanisation ratio to about 32.4 percent in 2025 and 45-59 percent in 2030, according to Secretary of the provincial Party Committee Duong Van Thai.

Thai said that to this end, the locality will focus on expanding the urban area system with modern and synchronous social and technical infrastructure.

Attention will be paid to ensuring a good living environment in green, clean, beautiful and smart urban areas, said the provincial leader.

He revealed that in the coming time, Bac Giang will focus on completing its policies and mechanisms regarding the development of urban areas and urban service, trade and economy, laying the foundation for attracting investment in the field.

The province will also improve planning work, thus ensuring a long-term vision for its development, he said.

Thai said that Bac Giang will mobilise resources for urban development and invest more in urban framework infrastructure system, while encouraging investors to invest in urban trade and services.

In the 2016-2020 period, the province implemented 47 urban and urban service development projects with total investment of over 13.59 trillion VND (589 million USD), along with 14 housing development projects with total investment of more than 8.45 trillion VND (366.2 million USD).

Bac Giang is among the first localities to make provincial development planning, which serves as the foundation for its future socio-economic development, including urban expansion.

On November 21, 2019, the National Assembly’s Standing Committee issued a resolution on the re-arrangement of administration units at communal level of Bac Giang./.