In an interview with Tien Phong Newspaper, the leaders of the People’s Committee of Bac Ninh province shared that at the Conference on Announcing the Master Plan of Bac Ninh province for the period of 2021-2030, with a vision to 2050 and investment promotion on September 15, Bac Ninh province is expected to sign memorandums of understanding and investment cooperation contracts, and grant investment registration certificates to projects, including three large-scale projects.
Specifically, Bac Ninh province will grant a memorandum of understanding for the development of a project between Samsung Display Co., Ltd. and the People’s Committee of Bac Ninh province on the export of screens and electronic components in Yen Phong Industrial Park, with a total investment capital of 1.8 billion USD.
The province will also issue an investment policy decision for the Xuan Lam Hong Hạc Eco-Urban Area construction project in Thuan Thanh town, with a total investment capital of 27,000 billion VND (equivalent to 1.06 billion USD).
Amkor Group increases its investment by over 1 billion USD in Bac Ninh. Photo: Nguyen Thang
Bac Ninh province will also grant an investment registration certificate to Amkor Technology Co., Ltd. for a project on the manufacturing, assembly, and testing of semiconductor materials and equipment, with an additional investment capital of 1.07 billion USD.
According to the Department of Planning and Investment of Bac Ninh province, as of August, the Management Board of Bac Ninh Industrial Zones had granted new investment registration certificates to 98 projects with a total registered investment capital of over 1.4 billion USD; and approved capital adjustments for 89 projects with a total additional capital of over 1.6 billion USD. Bac Ninh province leads the country in attracting foreign investment.
Up to now, the Management Board of Bac Ninh Industrial Zones has granted investment registration certificates to more than 1,270 FDI projects that are still valid, with a total registered investment capital of over 24.6 billion USD after adjustment.
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