Bac Giang looks to attract 1 billion USD of investment in 2020

The northern province of Bac Giang is striving to attract 1 billion USD of new and additional investment capital to both FDI and domestically invested projects in 2020.

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To achieve this year’s plan, Bac Giang is pressing on with improving the business and investment climate, reforming administrative procedures, implementing investment promotion policies, assisting investors and firms in removing obstacles facing their operations, and speeding up licensed projects.

It is calling for more projects in mechanics, manufacturing, electronics, electricity production, agro-forestry-food processing, textile-garment, and support industries.

It is working to promote investment in the development of urban areas, trading centres, high-end hotels, entertainment services, and financial, health care and insurance services in Bac Giang city; as well as resort projects.

Since the beginning of this year, Bac Giang has approved in principle and granted investment registration certificates to 10 domestic projects worth nearly 13 million USD and seven FDI ones worth 69.5 million USD.-VNA

VNA