Investment attraction increased both quantity and quality.
In 2024, the Bac Ninh Industrial Park Management Board (Management Board) will continue to strengthen the promotion and attraction of investment in the industrial park, paying special attention to on-site investment promotion and through investors who have been successfully doing business in the province's industrial parks to call for and connect investment.
Regarding domestic and foreign investment promotion: In 2024, the Board organized 2 foreign investment promotion delegations and 1 domestic investment promotion delegation; the Board's leaders participated in 4 working delegations of the Province and 1 working delegation of the Provincial Federation of Labor to work and promote investment abroad. On the other hand, the Board participated in welcoming and working with investors and organizations coming to learn about investment in the Province in general and in the industrial parks in the Province in particular; performed tasks assigned by the Provincial People's Committee and attended the Conference to announce the planning and promote investment in the Province in 2024.
In addition, the Management Board also promotes information and propaganda about the investment environment in industrial zones by providing information to press and media agencies; posting updated news about mechanisms, policies and activities, events of the Management Board and industrial zones in the Province on the Management Board's website so that businesses and investors can grasp current events and promptly receive new information and policies.
With efforts in promoting investment in the province's industrial parks, in 2024, Bac Ninh's industrial parks have become a bright spot in attracting investment nationwide, contributing to making Bac Ninh continue to lead the country in attracting FDI, as well as creating a driving force to attract investment to the province more strongly in 2025.
Some investment attraction results of the province's industrial parks in 2024, specifically:
- The Management Board has newly granted Investment Registration Certificates to 168 investment projects with a total registered capital of 2.117 million USD (including 128 FDI projects with a total registered investment capital of 1.739 million USD;
- 40 domestic projects (DDI) with a total investment capital of VND 9.081 billion, equivalent to USD 378 million). At the same time, investment certificates were adjusted for 582 investment projects, including 153 capital adjustments with a total investment capital increase of USD 1.990,43 million, specifically:
- 499 FDI projects adjusted, including 131 projects adjusting investment capital with a total additional capital of 1.963,59 million USD;
- 83 DDI projects were adjusted, of which 22 projects adjusted investment capital with a total additional investment capital of 664,39 billion VND, equivalent to 26,84 million USD.
- The total newly registered and adjusted investment capital in industrial parks in 2024 is 4.105,6 million USD, 2023% higher than in 262,1 (4.105,61 million USD/1.566 million USD); compared to the 2024 plan, it is 342,1% higher (4.105,61 million USD/1.200 million USD). Of which, FDI capital reaches 3.688,22 million USD and domestic capital reaches 10.226 billion VND, equivalent to about 417,39 million USD.
Up to now, the Management Board has granted investment licenses to 2.118 secondary investment projects from 37 countries and territories (FDI is 1.481 projects, DDI is 637 projects) with a total newly granted and adjusted investment capital of 29.353,18 million USD (FDI is 25.622,82 million USD, DDI is 85.844,6 billion VND, equivalent to 3.730,37 million USD.
At the same time, investment licenses were granted to 24 industrial park infrastructure investment projects (FDI: 3 projects; DDI: 21 projects) with investment policy decisions and investment certificates, with a total newly registered and adjusted investment capital of 2.118,45 million USD (including: 3 FDI projects with a total newly registered and adjusted investment capital of 263,91 million USD; 21 DDI projects with a total newly registered and adjusted investment capital of 35.875,10 billion VND, equivalent to 1.854,54 million USD).
The industrial parks have successfully attracted many large-scale projects with advanced technology from large global corporations, producing high-tech electronic products such as: Samsung, Canon, Foxconn, Amkor, Goertek, ABB... and most recently Giant Victory Group. With the above results, Bac Ninh industrial parks have become a trusted address for domestic and foreign investors, especially FDI investors with large brands in the world.
Synchronously deploying infrastructure of industrial parks, ready to welcome investors
Bac Ninh has 21 concentrated industrial parks approved by the Prime Minister for development planning with a total area of 8.202,85 hectares; 12 industrial parks have been put into operation with a total used land area of 4639,54 hectares; 3 areas are under infrastructure construction (Thuan Thanh III Industrial Park - Sub-area C, An Viet - Que Vo Industrial Park; Tan Hong - Hoan Son Sub-area) with a total area of 806 hectares. The total area of recovered, compensated and cleared land that has not been leased in the industrial parks is 1.581.43 hectares.
Industrial parks that come into operation are interested in investing in synchronous and modern technical infrastructure by industrial park infrastructure investors, fully meeting the requirements of investors.
In addition to synchronizing the technical infrastructure of industrial parks, social infrastructure serving the welfare of workers and transport infrastructure to connect the region (Ring Road 3, Gia Binh dual-use airport, Tan Cang Que Vo, Railway station) are also directed by the Province to be implemented synchronously and comprehensively. Thereby, contributing to promoting the attraction of investors and workers to work in the province's industrial parks as well as settling down and making a long-term living here.
Source: Economic and Forecast Magazine
