Bac Ninh attracts over 200m USD in investment in Q1

09:57 | 15/04/2016 Investment

The northern province of Bac Ninh granted investment certificates to 21 foreign direct investment (FDI) projects with total registered capital of more than 200 million USD in the first three months of this year.

Bac Ninh attracts over 200m USD in investment in Q1

Manufacturing electronic components at Tenma Viet Nam in Que Vo Industrial Zone, Bac Ninh province - Photo: VNA

The figure represented an increase of 157 million USD against the same period last year.

According to the provincial Industrial Zone Management Board, Bac Ninh is now home to 816 FDI projects worth 11.8 billion USD. Of these, industrial parks have attracted 598 projects with total registered capital of 11.1 billion USD.

The increase is attributed to the province’s efforts to improve its business climate and focus on hi-tech and supporting industries.

The province has also boosted administrative reform to help enterprises./.

 

Source: VNA

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