Project approved to enhance effectiveness of investment attraction to Bac Giang by 2030

(BGO) - The Bac Giang provincial People’s Committee has recently issued Decision No.797/QD-UBND to approve for the Project to enhance the effectiveness of investment attraction to Bac  Giang province by 2030, with focal points of opinion, orientation, tasks and solutions in the upcoming time.

The province switches to lure investment actively from passively to ensure local socio-economic development orientation; select to attract investment projects with modern technology, huge scale, financial potential to produce high competitive product and join global value chain as well as projects with great contribution to the budget, social welfare and widespread in local socio-economic growth…

Workers at the construction site in Xuan Phu commune.

The province orients to develop comprehensively all economic sectors of industry, agriculture, service in which industry is considered as the major driving force, agriculture as secured foundation and service as boosting condition. Economy is developed synchronously and harmoniously with culture, society and environment in urban, rural, delta and mountainous areas while encouraging to establish and develop creative startup ecosystem.

The project also specifies to prioritize investment attraction to certain fields, locations, partners and orientations on requirement to investment project.

Bac Giang strives to achieve average economic growth rate of 15 - 16 percent per year in the period 2021 - 2030 (14 - 15 percent per year in the period 2021- 2025); per capita income of 5,500 - 6,000 USD by 2025 and 9,800 USD by 2030 while positively switching the economic structure with about 89 percent of industrial and service sectors by 2025 and 90 - 92 percent by 2030.

The project shows 9 groups of solutions to enhance the effectiveness of investment attraction, including solution on instruction and management; further completion of policy to attract the investment; highly focusing on infrastructure construction to serve investment attraction; accelerating the administrative procedure reform to enhance the provincial competitiveness index; enhancing quality of human resource to meet demand of business; renovating and improving the effectiveness of investment promotion and attraction with selected projects; reinforcing the state management over local investment projects; actively assisting investors to remove the difficulties and obstacles; well implementing measures to ensure safe production and business activities of the enterprises amid the risk of Covid-19 infection; boosting the communication and propaganda tasks.

Bac Giang attracts 34 investment projects in 7 months

(BGO) – Bac Giang province attracted total investment of about 30.6 million USD in July 2021, accounting for 13.2 percent and 775.94 million USD in seven months, making up 87 percent comparing to the figure at the same period last year.

 

Bac Giang speeds up implementation of public investment projects

(BGO) - In the first half of this year, a series of works and projects using public investment capital in Bac Giang province were affected by the pandemic, even many of them were halted. To complete the disbursement plan for the whole year, these days, on construction sites, the working atmosphere is urgent with a determination to overcome difficulties.

 

Luc Nam focuses on planning to create foundation for investment attraction and development

(BGO) – Luc Nam district is defined as the key area for industry, trade, service and urban development in the East of Bac Giang province. To realize this target, the district has highly focused on plan completion, investment attraction with first priority taken to mobilize all sources for infrastructure construction. 

 

Vietnam's investment abroad rises 2.5 times in six months

Total investment of Vietnamese investors abroad reached nearly US$547 million in the first six months of this year, up nearly 2.5 times over the same period in 2020.

 

Yen The draws 2 investment projects

(BGO) – Since early this year, Yen The district (Bac Giang province) has attracted two investment projects.