Bac Giang attracts 24 foreign direct investment projects in five months

Updated: 17:19, 15/06/2017

(BGO) – In the first five months of this year, Bac Giang province drew 77 investment projects, including 53 domestic projects with total registered capital of over 26 trillion VND (1.15 billion USD) and 24 foreign direct investment (FDI) projects valued at more than 305 million USD.

Bac Giang province attracts 77 investment projects in five months (Illustrative photo).

Compared to the same period last year, the number of new projects was slashed by 10; however, total registered capital saw surges, with domestic investment nearly tripling and foreign investment hiking 18.8 percent.

To date, Bac Giang province is home to 1,197 projects, 913 of which has been invested by domestic businesses and are valued at nearly 80 trillion VND (3.5 billion USD). Meanwhile, foreigners poured over 4 billion USD into the remaining projects.

As many as 897 domestic projects and 91 foreign projects have been invested outside industrial parks while the numbers landed in industrial zones are 106 and 193, respectively.

Hai Huyen