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Total development investment capital hit over 54 trillion VND

Updated: 18:20, 07/10/2023
BAC GIANG - According to the Department of Statistics, the development investment capital in Bac Giang province in the third quarter was estimated at over 20.8 trillion VND (875 million USD), up 4.76 percent, bringing the total development investment capital in the area in 9 months to over 54 trillion VND, an increase of 7.35 percent over the same period.

Particularly, the state capital reached more than 7.3 trillion VND; non-state sector capital reached more than 27.7 trillion VND; the foreign direct investment capital hit more than 19.1 trillion VND.

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Since early this year, the province has directed to remove difficulties, improve and drastically introduce many solutions to simplify administrative procedures, enhance the business investment environment and provincial competitiveness to attract domestic and foreign capital sources.

At the same time, the province has implemented various stimulation measures and activities to support and develop businesses, accelerate the infrastructure construction progress in industrial parks and clusters associated with strengthening the implementation of effective solutions to attract investment.

As the results, many businesses have received more investment after a long period of restrictions due to Covid-19 while more large projects have been approved, helping increase the investment capital for provincial development.

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