In addition to the inherent advantages, Bac Giang always focuses on creating the most favorable conditions for businesses. As a result, in the first 6 months of 2021, despite being heavily affected by Covid-19, the province still attracted 761 million USD of FDI, ranking 8th in Vietnam in attracting FDI investors and factory construction in Bac Giang.
Taking advantages of Bac Giang
Bac Giang is a province with outstanding advantages in terms of geographical location: being the center in the North-East economic corridor, having a convenient traffic system connecting neighboring industrial and commercial centers, seaports, airports, international border gates, …
Along with that, the provincial government is very interested in improving the investment environment. Policies to attract FDI investment and administrative reform in recent years are considered quite open.
In May 2021, the Bac Giang Provincial Party Committee has just issued a Resolution on improving the investment environment and enhancing the provincial competitiveness index (PCI) in the 2021-2025 period, with the main tasks and solutions such as: maintaining regular meetings and dialogues with businesses, promptly solving difficulties and problems for investors; promote digital transformation; focus on developing socio-economic infrastructure; improve the quality of human resources for enterprises; …Thanks to that, the province attracted many big investors and large scale factory constructions in Bac Giang.
Bac Giang ranks 8th nationwide in terms of total FDI investment
In 2021, Bac Giang faced many difficulties due to the Covid-19 epidemic, but according to the report on socio-economic development in the first 6 months of the year, the province still achieved many encouraging results. The growth rate of GRDP in 6 months reached 4.3%, the province has attracted nearly 761 million USD of investment capital, average-sized FDI projects reached 150 million USD/project. Bac Giang is ranked 8th in Vietnam in attracting FDI, after Long An and Ho Chi Minh City, Binh Duong, …
Priority fields to attract investment to factory construction in Bac Giang
Bac Giang focuses on prioritizing advantageous industrial fields, hi-tech projects, production projects that are friendly with the environment, are able to participate in global value chains, making great contributions to the provincial budget,…
The electronics industry is one of the industries prioritized by the province. Projects to manufacture computers and peripheral devices, semiconductor components, electronic components for household electronic devices, mobile phones, etc. are projects that create export products and join the global value chain.
In addition, in the field of agriculture, the province also has policies to encourage specialized and large-scale farming projects, clean agricultural production projects, high-tech applications, etc.
As an experienced factory construction general contractor in Bac Giang, having built factories in many different manufacturing fields such as electronic components, supporting industries, heavy industry, …, DELCO understands the investment market as well as administrative procedures here, DELCO team is always ready to accompany businesses from the planning stage to factory construction, putting production projects into operation.
Source: Bac Giang province’s web portal