More than 7 billion USD invested in Bac Ninh, mainly domestic enterprises

Accordingly, Bac Ninh province granted investment certificates to 26 domestic enterprises, with a total investment capital of more than 149,100 billion VND (equivalent to 5.8 billion USD), 9 foreign enterprises with a total investment capital of over 322 million USD; 9 foreign enterprises adjusted their investment certificates to increase capital by 762 million USD, 2 enterprises agreed and committed to invest in expanding projects with an additional capital of 300 million USD. The total capital granted and committed to investment within the framework of the conference reached more than 7.2 billion USD.

At the conference, Chairman of Bac Ninh Provincial People's Committee Vuong Quoc Tuan said that in the first 7 months of the year, Bac Ninh province granted investment approval/investment registration certificates to 155 domestic projects with a total registered investment capital of more than VND 253,700 billion (equivalent to more than USD 9.9 billion).

Bac Ninh province granted investment certificates and adjusted investment certificates to 256 FDI projects, with total registered investment capital reaching nearly 4 billion USD.

Bac Ninh provincial leaders award investment certificates to enterprises. Photo: Nguyen Thang.

This investment certificate awarding ceremony has many new and breakthrough features. In addition to attracting high-tech, semiconductor and industrial investment, Bac Ninh province has selected a series of investors for commercial, service and entertainment projects, including many large projects. This is a major development driving force for the province.

Bac Ninh province aims to attract at least 6 billion USD of FDI capital and over 12 billion USD of domestic investment this year. In particular, the Gia Binh Airport project and many supporting infrastructure projects have investment levels of tens of billions of USD. This is a huge investment resource for Bac Ninh province.

At the conference, Deputy Prime Minister Nguyen Hoa Binh emphasized that this investment promotion conference of Bac Ninh province is a promising start, showing the trust of enterprises in Bac Ninh province after the province's merger. Enterprises see the great potential of Bac Ninh province.

Deputy Prime Minister Nguyen Hoa Binh speaks at the conference. Photo: Nguyen Thang.

Investing in Bac Ninh province is a wise and correct choice for businesses, because the province has many strengths, an important location, and a synchronous transport infrastructure system. After the investment certificate is granted, all projects need to be quickly implemented, and commitments and promises must be fulfilled soon.

Bac Ninh has other projects with even more investment capital. Specifically, on August 19, the Government officially started the Gia Binh Airport project and connecting road. This is a big boost for Bac Ninh's economy.

Deputy Prime Minister Nguyen Hoa Binh was very pleased when businesses assessed that Bac Ninh province has a friendly and close administrative system, ready to accompany businesses. This is a valuable thing, creating an attractive investment environment for the province, a necessary condition for Bac Ninh province to accelerate its development.

In the coming time, Bac Ninh province will focus on successfully organizing the Bac Ninh Provincial Party Congress, building resolutions to lay the foundation for the entire development journey, and people will have confidence in the development of the province. Bac Ninh province will focus on implementing key national and provincial projects, such as the Gia Binh Airport project and the highway connecting to Hanoi to create development momentum.