Bac Giang to promote investment in industrial zones

14:48 | 03/07/2015 Economy

The northeast province of Bac Giang will undertake a number of measures in the second half of this year to lure investment to local industrial zones, said Head of the Bac Giang Management Board of Industrial Zones Nguyen Anh Quyen.

Bac Giang to promote investment in industrial zones

They will include accelerating site clearances and building infrastructure facilities in industrial zones. The province is also simplifying administrative procedures and offering other incentives for investors.

Priority will be given to investors with strong finance, management and implementation capabilities.

The board will also strengthen management and supervision of project implementation and work proactively with relevant bodies to address difficulties facing investors and enterprises.

In the first half of this year, the board has granted licences to 26 projects, including 21 foreign investment projects, with new registered capital and total adjustment reaching 12.3 million USD and 244.53 million USD, respectively, up 142 percent from the same period last year.

The province is home to 218 valid projects, including 126 foreign invested, with total investment of 4.65 trillion VND (217.5 million USD) for domestic projects and 2.12 billion USD.

Source: VNA

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