Bac Ninh pledges favourable conditions for foreign firms

The northern province of Bac Ninh always creates the best possible conditions and promptly tackles obstacles for foreign enterprises, including those from the Republic of Korea (RoK), stated a local leader.
Bac Ninh pledges favourable conditions for foreign firms ảnh 1Chairman of the Bac Ninh People’s Committee Nguyen Tu Quynh (R) and Jo Jung Moon, chairman of Gumi city’s chamber of commerce (Photo: VNA)
Bac Ninh (VNA) – The northern province of BacNinh always creates the best possible conditions and promptly tackles obstaclesfor foreign enterprises, including those from the Republic of Korea (RoK),stated a local leader.

Chairman of the provincial People’s Committee Nguyen TuQuynh made the affirmation while receiving a visiting business delegation fromGumi city of the RoK on September 26.

Quynh took the occasion to introduce Bac Ninh’ssocio-economic development in the past time.

The province is ranked 4th and 2nd nationwide in terms of economic scale and production value, respectively. It ishome to 16 industrial parks. About 1,400 foreign-funded companies from 34countries and territories are operating in the province, with their investmenttotalling 18.2 billion USD. Those included 900 from the RoK, with totalinvestment exceeding 12 billion USD.

Bac Ninh is working to improve its business climate andhopes Korean investors will expand their operations in the province, theofficial said.

Jo Jung Moon, chairman of Gumi city’s chamber of commerce,said Gumi is a large industrial city that is located in the key developmentarea and plays a key role in export of the RoK.

He lauded Bac Ninh’s preferential investment attractionpolicy for Korean firms, including those from Gumi. He wished the localauthorities will continue facilitating the group in the coming time./.  
VNA

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