Today: 07/02/2023 22:58:14 (GMT+7)

Investment attraction to Bac Giang increases 17.7 percent in 5 months

(BGO) – In May 2021, Bac Giang province attracted 27.5 million USD of investment, down 88 percent comparing to the figure at the same period last year. In accumulation, the province has drawn more than 735 million USD for the first 5 months, making up 17.7 percent year on year increase. 

The province licensed 17 new domestic investment projects with registered capital of 1,297 billion VND (56.2 million USD), down 66.5 percent; adjusted 6 domestic projects with added capital up to 70 billion VND (3 million USD); approved 8 new foreign direct investment (FDI) projects with total registered capital of 598.7 million USD (up 2.5 times); adjusted 19 FDI projects with added capital of 77.45 million USD (down 63.8 percent).

Investment attraction, Bac Giang province, 5 months, year on year increase, domestic investment projects, newly established businesses, Covid-19 pandemic

Illustrative image.

Besides, there were 59 newly established businesses in the province, up 11 percent against the same period last year, with total registered capital of 698 billion VND (30.2 million USD), increasing 53 percent. In 5 months, the province had 577 new firms, up 30 percent with total registered capital of 6,700 billion VND (290.6 million USD), raising 31 percent.

To enhance investment attraction, in the upcoming time, Bac Giang province will continue implementing the measures to improve the business environment, handle the businesses’ difficulties, especially those suffering from direct impacts or suspended production amid Covid-19 pandemic; facilitate the production, business, import and export activities.

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An Nhien

Investment attraction, Bac Giang province, 5 months, year on year increase, domestic investment projects, newly established businesses, Covid-19 pandemic
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