Bac Giang will establish investment selection criteria

At present, Bac Giang has eight industrial zones (ZI), five of which were created before 2018, with a total area of ​​1,783 ha. Four ZIs were filled to 100% capacity, one to 85% capacity and the other three are in the land clearing phase.

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At present, Bac Giang has eight ZIs, five of which were created before 2018, with a total area of ​​1,783 ha.
Photo: VNA/CVN

The People’s Council of the Northern Province of Bac Giang requested the Provincial People’s Committee to study and develop a set of criteria for selecting investment projects, based on the results of the council’s inspection of the application of the law to attract investments in local industrial zones (ZI) and industrial clusters during the period 2018-2022.

Development of investment selection criteria is one of the solutions to address outstanding issues and gaps in investment attraction, improve the quality and efficiency of investment attraction for ZIs and clusters local.

Inspection by the Provincial People’s Council showed that ZIs and industrial clusters in Bac Giang have contributed significantly to local industrial production value, exports and state budget collection. They also helped create many jobs for local workers, formed new industries and services, and spurred economic development and urbanization in rural areas. However, problems remain in attracting investment to local ZIs and industrial clusters. The planning of some industrial clusters is of poor quality, the infrastructure of a number of ZIs, in particular those formed before 2018 such as Dinh Tram and Song Khê – Nôi Hoàng.

Attract large projects with foreign capital

In many ZIs, infrastructure construction remains slow, with investors mainly prioritizing industrial works and neglecting greenery or parking spaces. Most investors have not paid sufficient attention to worker housing and cultural and sports facilities serving workers.

Technical infrastructure outside the boundaries of some IZs, particularly transportation infrastructure, receives little attention. Local authorities have also not paid attention to helping investors in ZI infrastructure manage their difficulties.

In addition, local ZIs have mostly attracted projects in electronics parts outsourcing, assembly, manufacturing engineering, and mid-tech solar energy. Bac Giang has not been able to attract large projects with foreign capital, multinational groups, projects with high added value which can contribute remarkably to the local budget and to socio-economic development.

In view of these problems, the Provincial People’s Council proposed to the Provincial People’s Committee, relevant departments and sectors and local governments to take measures aimed at solving the problems and shortcomings in attracting investment, improving the quality and the effectiveness of attracting investments in ZIs and local clusters.

The Provincial People’s Committee should determine the province’s key industries and establish a set of criteria for selecting investment projects, giving priority to industries and projects using modern and environmentally friendly technologies.

The Planning and Investment Service should improve the quality of project evaluation in industrial clusters and intensify inspections of authorized projects with a view to removing difficulties for investors in a timely manner and detecting any violation of laws and regulations. regulations. Projects with progress delays or violations of land, environmental and building regulations must be addressed promptly.

At present, Bac Giang has eight ZIs, five of which were created before 2018, with a total area of ​​1,783 ha. Four ZIs were filled to 100% capacity, one to 85% capacity and the other three are in the land clearing phase. As of March 31, 2022, local ZIs have attracted 422 investment projects, including 316 foreign-invested and 106 domestic, with a total registered capital of $7.3 billion. The province has also formed 45 industrial clusters with a total area of ​​1,728 ha. Of these, 31 have been commissioned, hosting 223 projects.

VNA/CVN

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Bac Giang will establish investment selection criteria


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