FDI capital in Bac Ninh rises by 194%

Wednesday, 25/09/2024 11:07
The northern province of Bac Ninh has led the country in attracting FDI capital in the first eight months, with a total capital of over 3 billion USD.
Photo for illustration. (Source: baobacninh.vn)

This result shows that Bac Ninh is seizing the opportunity from the recovery of FDI capital flows and becoming a place of interest to foreign investors.

Johnson Group, currently the world’s leading sports equipment manufacturer, has decided to build its second factory in the province, with an expected area of about 20 hectares, capitalized with 100 million USD, with the goal of earning a revenue of 1 billion USD in Bac Ninh.

Mr. Jason Lo, General Director of Johnson Group, said that the group highly appreciated the investment and business climate in Bac Ninh and the provincial government is always ready to support it very promptly.

Since the beginning of the year, Bac Ninh has newly-registered and adjusted investment capital for 318 projects with a total capital of 3.47 billion USD. FDI capital in Bac Ninh increased by 194% compared to the same period last year.

Mr. Hu Xue Tong, General Director of Micro Commercial Components Vietnam Co. Ltd, shared that the company chose Bac Ninh as its investment destination because this place has many factors for the development of the semiconductor industry.

Mr. Dau Anh Tuan, Deputy General Secretary of the Vietnam Chamber of Commerce and Industry, said that with the criteria for attracting FDI capital in the direction of using little land, little labor, but high-efficiency capital, hi-tech, high-quality human resources and good mechanisms, Bac Ninh is still among the leading localities in attracting FDI capital flows.

In 2024, Bac Ninh strives to attract 7 billion USD of FDI capital./.

BTA

RELATED NEWS

Comment
FullName
Email
Contents

/

Confirm