In recent years, Bac Giang has become an ideal destination for a series of the world's leading technology corporations, helping the province's socio-economic development make a spectacular breakthrough, while contributing to changing the urban landscape, towards international development standards.
In recent years, Bac Giang has become an ideal destination for a series of the world's leading technology corporations, helping the province's socio -economic development make a spectacular breakthrough, while contributing to changing the urban landscape, towards international development standards.
 |
| Illustration photo. |
FDI attraction destination in the North
Since the beginning of 2024, Bac Giang province has attracted over 1.8 billion USD in investment capital, including 21 newly licensed domestic investment projects with a registered capital of 12,900.7 billion VND, 2.3 times higher, and 63 FDI projects with a registered capital of 459.18 million USD.
The investment attraction of Bac Giang province comes from the advantages of convenient traffic connections with complete infrastructure, large land fund for industrial development, effective administrative procedure reform and abundant human resources, especially in the field of electricity and electronics.
Bac Giang possesses an inter-regional connection position with a multi-modal transport network including roads, railways and inland waterways. In addition, Bac Giang province has full potential to become a trading center of the North as it is more than 50 km from Hanoi capital, more than 100 km from Hai Phong port to the East, directly connected to Huu Nghi - Lang Son international border gate via National Highway 1A.
In addition, Bac Giang province has promoted the construction of key routes such as focusing on developing road infrastructure including completing the Hanoi - Lang Son expressway, 2-4 lanes; implementing the construction of the Hanoi capital beltway V with 4-6 lanes; renovating and upgrading provincial roads to serve the development of industry and logistics.
In recent times, Bac Giang province has also proactively created a favorable and open investment and business environment for enterprises and projects currently being deployed and operated, promoting the work of clearing industrial park land to create clean land for investors, thereby encouraging projects to expand investment, upgrade production lines and create more jobs for workers.
 |
| Perspective of Yen Lu Industrial Park (extension) in Bac Giang. |
Developing modern industrial parks to attract new investment flows
With strong breakthrough potential, Bac Giang is gradually affirming its position as a major industrial center of the country. Currently, the province has planned and developed 9 industrial parks, of which 8 industrial parks have been put into operation with a total area of about 2,238.7 hectares and 38 industrial clusters with a total area of over 1,208 hectares. The world's leading technology corporations such as Hana Micron, Foxconn, Luxshare-ICT, JA Solar have chosen Bac Giang as a strategic destination, creating a driving force to promote the socio-economic development of the whole province.
In the period of 2021-2030, Bac Giang continues to promote investment attraction with a plan to develop 29 industrial parks on a total area of 7,000 hectares. These industrial parks are not only built with modern infrastructure systems according to international standards but also integrate a comprehensive service ecosystem, meeting the strict needs of large corporations in the world.
In addition to prominent industrial parks such as Van Trung Industrial Park, Quang Chau, Bac Giang also recorded the appearance of new projects developed and built by reputable investors with experience in implementing many projects, promising to continue to attract large capital flows including Tien Son - Ninh Son Industrial Park (investor Capitaland Development), Hoa Phu Industrial Park expansion (investor Phu My Group), Yen Lu Industrial Park expansion (investor Western Pacific)...
These projects not only contribute to expanding the province's industrial ecosystem, but also create a solid foundation for Bac Giang to become an ideal destination for domestic and foreign investors.
In the future, Bac Giang province will mobilize all resources to invest and upgrade socio-economic infrastructure, effectively serving the work of attracting investment. In particular, the province focuses on creating conditions for industrial real estate developers to complete industrial parks and clusters, while developing social infrastructure such as housing, healthcare, education, entertainment areas, etc.
At the same time, the province focuses on training high-quality human resources to meet the needs of businesses, ready to welcome the wave of international investment capital shift.
Source: https://baodautu.vn/tiem-nang-thu-hut-lan-song-dau-tu-fdi-moi-tai-bac-giang-d231604.html
Comment (0)