Bac Ninh-based industrial zones attract $334m investment capital

...has granted new investment certificates to 47 projects, including 35 foreign direct investment (FDI) projects, with the total newly registered capital of $207.45 million, including $181.29 million worth of FDI projects, according to the People’s Committee of Bac Ninh province.

In addition, the management board also gave nod to raise investment capital for 114 projects (80 FDI projects) totalling $127.06 million.

Thus, the total newly registered and raised investment capital in IZs was estimated at $334.51 million, covering an area of 43.26 hectares of industrial land. The average investment capital was $7.11 million/project and $7.73 million/hectare.

As estimated, by the end of this year, the total newly registered and raised investment capital in these IZs would reach nearly $1.165 billion and cover 83.26 hectares of industrial land, of which, the investment capital for project of Samsung Electronics Vietnam will be adjusted up by additional $830 million and 40 hectares of industrial land.