Photo for illustration. (Source: bacninhtv.vn)

The Bac Ninh People's Committee has just issued a decision approving the Supporting Industries Development Program for the 2021-2025 period.

Besides the target of 800 enterprises by 2025, the supporting industries will make up about 15% of production value of the province’s processing and manufacturing industry, and increase the industrial development index from 8% to 9% annually.

Along with that, the program focuses on linking, building a network of consultants, improving domestic and foreign businesses, conducting consultancy and improvement for 5-10 businesses that meet the standards to participate in supplying Samsung and other FDI enterprises annually.

The program needs an estimated 153.97 billion VND to realize the above goal.  The funds will be used to connect and support supporting industry enterprises to become product suppliers for customers in the future; assist enterprises to apply management systems to meet the requirements of global production chains in corporate governance and production management; help training to improve the quality of human resources; supporting research, development, application, transfer and innovation of technology in trial production of components, spare parts, raw materials and materials; and develop and publish information on supporting industries annually./.

BTA