Investment attraction into northern Bac Ninh Province's industrial parks (IPs) has continued to yield high results, thanks to ongoing efforts to effectively improve the business and investment environment, Radio the Voice of Vietnam quoted the Bac Ninh Industrial Zones Management Board as reporting.
Since the beginning of the year, the locality has granted licenses to 62 new projects with a total registered capital of over $400 million. This includes 40 Foreign Direct Investment (FDI) projects totaling $298.83 million and 22 domestic projects with a combined capital of approximately $110.4 million.
Additionally, the province processed investment certificate adjustments for 318 existing secondary projects, adding $696.92 million in registered capital. Furthermore, over $200 million was invested directly into industrial park infrastructure projects.
In total, registered investment capital into the province's industrial zones has reached over $1.3 billion so far this year, achieving more than 80% of the annual target.
Looking ahead, to maintain this momentum, the Management Board will focus on coordinating and accelerating land clearance for the remaining areas of existing industrial parks as well as newly established zones.
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