Business

Bac Ninh attracts over 206 million USD of FDI in 6 months

Authorities in the northern province of Bac Ninh licenced 92 new foreign-funded projects worth 206.58 million USD in the first half of 2018, up 3.29 percent from the same period last year.
Bac Ninh attracts over 206 million USD of FDI in 6 months ảnh 1A foreign-invested electronic factory in Yen Phong industrial park, Bac Ninh province (Source: VNA)

Bac Ninh (VNA) – Authorities in the northernprovince of Bac Ninh licenced 92 new foreign-funded projects worth 206.58million USD in the first half of 2018, up 3.29 percent from the same periodlast year.

The province also allowed 45 existing FDI projects to add211.11 million USD to their capital.

Head of the provincial Department of Planning and InvestmentNguyen Dinh Xuan attributed the results to the province’s efforts in building afavourable business climate, which has supported investors in research,technology transfer, and land clearance. The investors were also facilitated tocollaborate with universities and vocational centres to meet their demand ofhuman resources.

Xuan said the province held three dialogues betweenauthorities and enterprises during the period to help clear obstacles hinderingtheir business.

By the end of June, Bac Ninh had licenced 1,228FDI projects, with their capital amounting to about 16.66 billion USD. Of thetotal, 836 projects worth 15.5 billion USD were located in local industrialparks.-VNA
VNA
#FDI in Bac Ninh #Bac Ninh FDI projects #Bac Ninh Department of Planning and Investment #foreign-funded projects in Bac Ninh #Bac Ninh #Vietnam News Agency #vietnamplus Bac Ninh
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