Illustrative photo (Photo: VNA)

Bac Ninh (VNA) - 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.

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

In July alone, the province issued new investment registration certificates for 20 FDI projects with total registered capital of more than 120.5 million USD, allowed nine projects to increase capital totalling 62.6 million USD and revoked two projects with the investment of nearly 97.2 million USD.

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

To date, Bac Ninh has granted investment registration certificates to 1,246 valid FDI, with capital amounting to more than 16.7 billion USD.-VNA