Bac Ninh attracts over 2 billion USD in FDI
Bac Ninh (VNA) – The
northern province of Bac Ninh has so far this year attracted more than 2 billion USD in foreign
direct investment (FDI), thanks to
innovations and increased efficiency of investment promotion activities.
The work in this effort includes dialogues
with companies and workers, honouring outstanding individuals and organisations in tax payment, and maintaining a quick response team to support enterprises.
So far this year, the province
has licensed 124 projects with combined registered capital of 318.8 million USD,
marking an increase of 7.8% in terms of the number of projects. Meanwhile, 118 projects were granted
certificates for capital addition with a total of 1.67
trillion USD, an increase of 8 folds.
Cumulatively,
the province now has 1,799 valid FDI projects with a total registered
investment capital of more than 23.1 billion USD.
Also in the period under review, Bac
Ninh has granted new investment registration for 49 domestic projects with a total registered capital of 16.211 trillion VND (677.01 million USD). It
granted investment registration to adjust capital for 38 projects with an addition of 1.828 trillion VND.
The
number of new domestic enterprises in the province this year is 2,443, up 15.5%,
with a registered capital of 20.036 trillion VND.
Cumulatively,
the province has 17,930 domestic enterprises with a total registered capital of
nearly 329.35 trillion VND.
The
province expects to attract 1.2 billion USD in FDI to its industrial parks in
2023.
It commits to continue to accompany businesses, promote
administrative reform and investment promotions, attract high-quality
investment in new industrial parks, attract and strongly develop industries
with high efficiency and high technologies, increase the proportion of
processing, manufacturing and supporting industries, and reduce the proportion
of outsourcing.
The province plans to accelerate the progress of site
clearance and complete the technical infrastructure of industrial parks like Vietnam
Singapore Industrial Park 2 (VSIP2), Yen Phong 2A, Yen Phong 2C, Thuan Thanh I,
Gia Binh, Gia Binh II and industrial clusters.
It hopes to further attract foreign-invested enterprises, especially large ones
that will create a driving force for the province’s economic development and
play a leading role in supporting enterprises, and domestic small and medium
enterprises when they join the supply chain./.