Bac Giang attracts nearly 1.1 billion USD of investment
The province granted license to 27 new domestic direct investment (DDI) projects with total registered capital of 1,665 billion VND (73.8 million USD), accounting for 20.2 percent and 20 foreign direct investment (FDI)projects totally worth 637.5 million USD, nearly doubling last year figure.
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The production line at Fuhong Presision Component Company Limited at Dinh Tram industrial park. |
Moreover, local authority gave a nod to 11 DDI and 44 FDI projects to adjust the registered capital up to 176 billion VND and 376 million USD respectively (making up 71 percent).
Particularly in October, Bac Giang rank tenth nationwide in term of investment attraction with huge scale FDI projects mostly in electronic component production (average investment of 150 million USD).
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