(BGO) – Thanks to great effort to improve business and investment environment, Bac Giang province continues achieving positive result in investment attraction, especially foreign direct investment (FDI).
The province has attracted about 72.7 million USD since early July and over 1.5 billion USD for the first seven months of this year, 1.5-fold increasing year on year.
The production line at JA Solar Company Limited in Quang Chau industrial park (Viet Yen district).
Bac Giang licensed 47 new FDI projects with total registered capital of nearly 1.2 billion USD, nearly 4-fold higher than the figure at the same period last year. Some big projects were approved in July with total registered of 30 million USD in the industrial parks including Frontop Vietnam Electronic Company Limited, Sinowin Vina Industry Company Limited, WJCT Electronic Technology Vina Company Limited among others.
Golden Sky World Precision Vietnam Company Limited of Chinese Golden Sky World limited was the project with largest scale in Tan Hung industrial park of Lang Giang district.
The business uses 26,700 square meters of land to manufacture spare parts and hardware for smartphone, 5G telecommunication devices, computer and others. Total registered capital hit 15 million USD. As schedule, the factory will be put in operation in July 2025 and employ about 750 labours.