The northern province of Bac Ninh granted investment licences to 32 new projects worth nearly 200 million USD in total registered capital in the first quarter of this year, fulfilling 64 percent of the yearly target.
The money was mainly sourced from the foreign direct investment (FDI) as local authorities concentrated on satellite projects from big companies, such as Samsung, Canon and Nokia, according to Ngo Sy Bich, head of the management board of the provincial industrial parks.
Local authorities will continue mobilising all investment resources from home and abroad, adjusting policies and building a list of fields that encourage or limit investment to improve the quality of the investment flow into the province.
Environmentally-friendly projects that utilise modern technology and facilitate the strengthening of links between domestic businesses will be prioritised. Others fetching high added value, such as banks, insurance companies and consultancy firms, will also receive special attention.
Apart from attracting FDI in its support industry, the province also favours projects that are globally competitive.
Bac Ninh has finalised a plan approved by the Government to develop 15 industrial parks in an area of over 7,500 ha by 2015 with a vision to 2020. Eight have already been put into service.-VNA
The money was mainly sourced from the foreign direct investment (FDI) as local authorities concentrated on satellite projects from big companies, such as Samsung, Canon and Nokia, according to Ngo Sy Bich, head of the management board of the provincial industrial parks.
Local authorities will continue mobilising all investment resources from home and abroad, adjusting policies and building a list of fields that encourage or limit investment to improve the quality of the investment flow into the province.
Environmentally-friendly projects that utilise modern technology and facilitate the strengthening of links between domestic businesses will be prioritised. Others fetching high added value, such as banks, insurance companies and consultancy firms, will also receive special attention.
Apart from attracting FDI in its support industry, the province also favours projects that are globally competitive.
Bac Ninh has finalised a plan approved by the Government to develop 15 industrial parks in an area of over 7,500 ha by 2015 with a vision to 2020. Eight have already been put into service.-VNA
