Today: 02/04/2023 11:39:28 (GMT+7)

Bac Giang IPs attract five new investment projects in first four months

(BGO) - The Northern province of Bac Giang has gained positive result in investment attraction in the first four months in 2022.

The provincial Industrial Park Management Board granted Investment Registration Certificate to five new investment projects, including three foreign direct investment (FDI) and two domestic direct investment (DDI) ones with total registered capital of 98 million USD and 2,716 billion VND (118.6 million USD).

Bac Giang IPs, Bac Giang province, new investment projects, first four months, Industrial parks, positive result, investment attraction, new and added capital, develop the economy

Bac Giang province attracts five new investment projects to local industrial parks in the first four months of 2022.

The local authority also gave a nod for 13 projects to add capital up to 203.38 million USD. In accumulation, total new and added capital hit about 419.4 million USD, accounting for 42 percent of the yearly target.

Comparing to the same period last year, the number of newly registered projects reduced seven projects (four FDI and three DDI ones), down some 34.2 percent (equal to 221.16 million USD) due to the impact of Covid-19 pandemic.

After the Government issued Resolution No.128/NQ-CP on October 11, 2021 about temporary regulation on safe and flexible adaptation and effectively control over Covid-19 pandemic, Bac Giang province has implemented various positive solutions to actively recover and develop the economy.

Thus, the province continues to be an attractive destination for investors. The investment capital is forecast to regain fast growth from now on till the end of 2022.


Tran Van Thong
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Bac Giang IPs, Bac Giang province, new investment projects, first four months, Industrial parks, positive result, investment attraction, new and added capital, develop the economy
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