Business

Bac Ninh attracts 332.5 million USD in FDI in 7 months

The northern province of Bac Ninh licensed 116 new foreign direct investment (FDI) projects worth 332.5 million USD in the first seven months of 2018, according to the provincial Department of Planning and Investment.
Bac Ninh attracts 332.5 million USD in FDI in 7 months ảnh 1Illustrative photo (Photo: VNA)

Bac Ninh (VNA) - The northernprovince of Bac Ninh licensed 116 new foreign direct investment (FDI) projectsworth 332.5 million USD in the first seven months of 2018, according to theprovincial Department of Planning and Investment.

The province also allowed 69 existing FDIprojects to increase their capital by 536.7 million USD and revoked 14 projectswith investment capital of more than 149.6 million USD.

In July alone, the province issued newinvestment registration certificates for 20 FDI projects with total registeredcapital of more than 120.5 million USD, allowed nine projects to increasecapital totalling 62.6 million USD and revoked two projects with the investmentof nearly 97.2 million USD.

Some large investment projects of Bac Ninhinclude the ultra-clear laminated glass factory project in Yen PhongIndustrial Park, a film and membrane production plant in Que Võ IIIIndustrial Park and Lotte Cinema Bac Ninh.

To date, Bac Ninh has granted investmentregistration certificates to 1,246 valid FDI, with capital amounting to morethan 16.7 billion USD.-VNA
VNA
#Bac Ninh #foreign direct investment #Department of Planning and Investment #FDI projects #investment capital #Yen Phong Industrial Park #Que Võ III Industrial Park #Lotte Cinema Bac Ninh Bac Ninh
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