Bac Giang to promote investment in industrial zones

Monday, June 29, 2015 15:23

The northeast province of Bac Giang will undertake a number of measuresin the second half of this year to lure investment to local industrialzones, said Head of the Bac Giang Management Board of Industrial ZonesNguyen Anh Quyen.

They will include acceleratingsite clearances and building infrastructure facilities in industrialzones. The province is also simplifying administrative procedures andoffering other incentives for investors.

Priority will be given to investors with strong finance, management and implementation capabilities.

The board will also strengthen management and supervision of projectimplementation and work proactively with relevant bodies to addressdifficulties facing investors and enterprises.

Inthe first half of this year, the board has granted licences to 26projects, including 21 foreign investment projects, with new registeredcapital and total adjustment reaching 12.3 million USD and 244.53million USD, respectively, up 142 percent from the same period lastyear.

The province is home to 218 valid projects,including 126 foreign invested, with total investment of 4.65 trillionVND (217.5 million USD) for domestic projects and 2.12 billion USD.-VNA

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