Attraction from the new administrative center
The merger of Bac Giang and Bac Ninh provinces, along with the placement of the political and administrative center in Bac Giang city, is of strategic significance in restructuring the regional development space. Experts say that this shift will promote a wave of population migration, infrastructure, trade and real estate needs, creating a strong growth momentum for the region.
Tran Hung Dao Street, Bac Giang City - an important route connecting the center and the West of Bac Giang City. |
Notably, Bac Giang city has a strategic location, located at the intersection of the Northern key economic corridor (Hanoi - Bac Giang - Lang Son). The city is easily connected to the Hanoi - Lang Son expressway, Ring Road 4 and large industrial parks. This advantage not only increases real estate value but also promotes the development of the service, logistics and supporting industries, thereby expanding the margin of sustainable economic growth.
According to many experts, the western area of Bac Giang city is gradually becoming a bright spot in attracting real estate investment thanks to its large land fund, synchronous infrastructure system and systematic planning, opening up many new development opportunities. Tran Hung Dao Street - an important traffic route connecting the administrative center with industrial parks and new urban areas - is becoming the focus of investment capital.
From Bac Giang city, it is easy to travel to the province's major industrial parks. Photo: A corner of Quang Chau Industrial Park. |
According to the report on the socio-economic development situation in the first quarter of 2025 of Bac Giang, the economic growth rate (GRDP) reached an impressive growth rate of 14.02%, ranking first in the country. The value of industrial production reached 183,146 billion VND, up 25.83%; total retail sales of goods and consumer service revenue reached 17,646 billion VND, up 10.2% over the same period in 2024. At the same time, the Prime Minister also approved the investment policy in a series of key industrial parks, bringing the total number of industrial parks in the province to 17. Bac Giang also focused on synchronously implementing measures to clear the land, put industrial parks into operation soon, and make a positive contribution to the scale of the economy.
The above economic indicators demonstrate the strong growth momentum of Bac Giang, and at the same time create a positive signal for the investment market, especially in the fields of industrial real estate, urban areas, commercial services and modern industry.
New impetus for the entire region
The change in administrative structure not only enhances the current position of Bac Giang city but also spreads positive effects to the whole region. With its strengths in processing and manufacturing industry, high-tech agriculture and an increasingly complete transport infrastructure system, Bac Giang is affirming its position as a new industrial and service center of the capital region.
Many modern urban areas are being implemented in Bac Giang city. |
Experts say this is a golden time for strategic investors to shift capital flows, catching the wave of infrastructure and urbanization. Local authorities are also actively implementing key infrastructure projects, especially focusing on potential areas such as the West of Bac Giang city - a place that is forecast to quickly transform into a new economic growth pole.
With the push from the merger project and its role as a new administrative center, Bac Giang city is affirming its attractive investment position, promising to bring sustainable profit potential to astute investors.
Source: https://baobacgiang.vn/bac-giang-sau-sap-nhap-dau-la-khu-vuc-dau-tu-moi-noi--postid419529.bbg
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