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Investment attraction to industrial park reaches yearly target

(BGO) – Total investment attraction to the industrial parks in Bac Giang province has hit yearly target, reported the provincial Industrial Park Management Board (IPMB)

In May, the IPMB handled 31 out of 41 proposals to issue Investment Registration Certificate to five new foreign direct investment (FDI) and one domestic project with registered investment capital of 10 million USD and 33 billion VND (1.4 million USD) respectively; agree for 23 projects to add more capital of 2.7 million USD and 19 billion VND.

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The production line of JA Solar Vietnam Company Limited in Quang Chau industrial park.

Some big investment projects are Hiuv applied material production and supply project by investor Hiuv Appied Material Technology Investment Pte.ltd (registered capital of 90 million USD in Vietnam Korean Industrial Park; Yonz Technology Vietnam Investment factory by Yonz Technology Singapore Pte.Ltd (registered capital of 42 million USD in Yen Lu Industrial Park).

From early this year till May 15, Bac Giang licensed 19 new FDI projects and three domestic ones with registered capital of 946.24 million USD and 178.75 billion VND; adjusted 75 projects with added capital of 40.41 million USD and 286.04 billion VND (13 projects).

Total registered investment to local industrial parks hit over one billion USD, accounting for 100 percent of the 2023 target assigned by the provincial People’s Committee.

 

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