Bac Ninh attracts investment and develops industrial parks; industrial clusters

To create a favorable environment in attracting investment in industrial zones and clusters, Bac Ninh has made efforts in developing transport infrastructure, irrigation, electricity, water, post and telecommunications, upgrading, widening and plasticizing all traffic routes to communes in the province, ensure smooth travel and trade..., Bac Ninh has 16 concentrated industrial parks approved by the Prime Minister with a total area of 6,398 ha, in which, 10 of them have been put into operation with an occupancy rate of 91.2% of the recovered land area, and have attracted investment from many large economic groups in the world, such as Samsung, Canon, Hong Hai, Nokia- Microsoft,... By the end of July 2022, Bac Ninh have had 1,747 licensed (valid) FDI projects with a total investment capital of 22.8 billion USD, ranked 7th out of 63 provinces and cities in terms of registered capital. Currently, 38 countries and territories have been investing in Bac Ninh province.

In terms of industrial clusters in the area, there is a total number of 37 ones included in the planning with an area of 1,141.86 ha, of which 33 industrial clusters have been established with an area of 1,057.26 ha. Currently, 23 industrial clusters have been invested and put into operation with an area of 723.25ha. The number of businesses registered to invest in production and business in industrial clusters is more than 800 enterprises and business households, attracting about 50,000 employees. The average growth of industrial production value of industrial clusters is 12.4% per year, accounting for 9.4% of total industrial production value in the area.

To receive greater efficiency in investment in industrial zones and clusters, Bac Ninh province is continuing to review the planning of industrial parks and industrial clusters to suit the needs of investors; strengthen the reform of administrative procedures, and create favorable conditions for enterprises to invest. The province will continue to attract and develop high-tech industries in the direction of modernity, increasing the content of science and technology, using fewer resources and energy, being environmentally friendly, and raising the proportion of prices. localization value in the product. Adjust the structure of investment attraction, improve the quality of domestic and foreign investment capital flows, attract projects with high technology, and large investment rates, reduce norms on land and labor use, create large budget revenue, environmentally friendly. At the same time, promote the attraction and development of existing industrial zones and clusters in depth; implement investment promotion plans online; organize investment promotion activities, and soon fill industrial zones...

Vietnam maps showing administrative units, sources of critical raw materials and industrial zones locations.