Deputy Prime Minister Nguyen Hoa Binh: Bac Ninh affirms its position as an attractive investment destination

On the afternoon of August 15, Bac Ninh province held an investment promotion conference, granting investment approvals to many businesses in the area. Attending and directing the conference were Politburo member, Standing Deputy Secretary of the Party Committee, Standing Deputy Prime Minister Nguyen Hoa Binh .

Attending the conference were Mr. Nguyen Duc Tam, Deputy Minister of Finance; Pham Manh Cuong, Deputy Head of the Government Office ; Mr. Nguyen Van Gau, Secretary of the Provincial Party Committee; Ms. Nguyen Thi Huong, Standing Deputy Secretary of the Provincial Party Committee; Mr. Vuong Quoc Tuan, Chairman of the People's Committee of Bac Ninh province; Mr. Nguyen Viet Oanh, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council; representatives of the leaders of the Ministry of Construction, Ministry of Industry and Trade, Ministry of Science and Technology; and officials of departments and offices under the Government Office and the Foreign Investment Agency (Ministry of Finance).

Permanent Deputy Prime Minister Nguyen Hoa Binh gave a speech at the Conference.

The conference was also attended by representatives of companies investing in and trading in industrial park infrastructure; investors and businesses inside and outside the industrial park were granted investment policy decisions, investor selection decisions, investment certificates and land lease principle agreements.

At the Conference, Bac Ninh province granted new investment registration certificates to 9 FDI enterprises and 7 domestic enterprises; granted investment registration certificates adjusting capital increase to 9 FDI enterprises of investors in industrial parks. Granted 7 decisions approving investment policies and 12 decisions selecting investors for investment projects outside industrial parks, including 5.848 billion USD of investment capital for domestic projects and 1.1 billion USD of investment capital for FDI projects.

Deputy Minister of Finance Nguyen Duc Tam awarded investment certificates to business representatives.

In addition, two enterprises agreed and committed to increase capital with a total additional capital of 300 million USD, bringing the total investment capital and investment expansion commitments of investors and enterprises to 7.24 billion USD.

These are impressive figures in investment attraction, which will make important contributions to the development of Bac Ninh province.

Speaking at the conference, Deputy Prime Minister Nguyen Hoa Binh assessed that Bac Ninh is a wise choice for investors thanks to many outstanding advantages such as: located in the Northern key economic region, adjacent to Hai Phong, on the Trans-Asian belt route, with a synchronous transportation system, with more than 50 industrial parks, of which more than 20 industrial parks have been put into operation. Currently, the province has 2,800 FDI projects, with a total registered capital of about 45 billion USD, becoming a "bright spot" with open development space.

The Deputy Prime Minister expressed his hope that projects will be implemented soon and commitments will be quickly implemented so that in the shortest time, attracting investment will become a reality.

Bac Ninh granted investment certificates and approved policies for many projects with a total investment capital of up to 7.24 billion USD.

According to the Deputy Prime Minister, Bac Ninh province has achieved remarkable results in granting investment certificates to projects with a total capital of nearly 7 billion USD, a remarkable and commendable number. However, this is not the limit, because in the near future there will be many projects with larger capital.

Citing this, the Deputy Prime Minister said that on August 19, the Government will start construction on Gia Binh airport and the expressway connecting this airport with Hanoi. If well organized, this will be a modern urban axis, not only of Bac Ninh but also of Hanoi. With resources from new projects, Bac Ninh will add tens of billions of USD to the economy, creating a difference for the accelerated development phase.

The Deputy Prime Minister noted that, in parallel with developing high-tech and semiconductor industries, Bac Ninh also needs to invest adequately in agriculture, a field that is a "bright spot" of the province with many products reaching the international market.

He also suggested that, immediately after Gia Binh airport and key industrial projects come into operation, Bac Ninh province needs to take a pioneering role, starting the process of registering Bac Ninh to become a centrally-run city by 2030, along with Ninh Binh and Khanh Hoa.

The Deputy Prime Minister expressed his belief that with the determination of the locality, the support of the Government and the efforts of the business community, the investment projects awarded at the conference will soon become effective economic works, contributing positively to the development of Bac Ninh and the whole country.

Source: https://baodautu.vn/pho-thu-tuong-nguyen-hoa-binh-bac-ninh-khang-dinh-vi-the-diem-den-dau-tu-hap-dan-d360483.html