Bac Ninh Province continues to be an attractive destination of investment
13:40 08/12/2021
For the first 9 months of 2021,Bac NinhManagement Board of Industrial Zones granted 101 new secondary investment projects with a total registered investment of $750,364 million; grant 299 adjustmentsof registration certificates (including 67 capital growth projects) with total capital investment increased by $215,994 million. New and adjusted capital investment from December 19th, 2020 to October 18th, 2021 reaches $966,358 million.

Attracting investment increase both quality and quantity.

Toàn cảnh KCN Quế Võ, tỉnh Bắc Ninh

Overcoming the negative impacts of Covid-19, the situation of attracting investment in the Industrial Zone has continued to receive much good news with encouraging results.

Investment promotion activities in Industrial Zone have been highly innovative and have attractedhugecapital investment, especially foreign investment.

Effective implementation of state management

Công nhân Công ty Cổ phần in và bao bì Goldsun làm việc trong KCN Quế Võ, tỉnh Bắc Ninh

During the first 9 months of 2021, Bac NinhManagement Board of IndustrialZonesallocated 101 new secondary investment projects with total registered investment capital of $750,364 million: newly allocated 72 FDI projects with total registered investment capital of $517,321 million; 29 DDI projects with a total registered investment of VND 5,360 billion, equivalent to $233,043 million.

We allocate 299 slots of adjusting the investment registration certificates, including 69 capital investment adjustments (67 capital increase projects; 02 capital reduction projects) with a total investment increase of $215,994 million, namely:

266 adjusting slots of FDI projects, of which: 62 investment adjustment projects with total registered capital increased (after reduction) is $129,369 million (i.e.: 60 adjustment slots to increase capital investment 193,154 million and 02 adjustment slots to decrease capital investment63,785 million USD).

The adjustment included seven capital-adjusted projects with an additional investment of 1,992.37 billion VND, or $86,625million.

From December 19th, 2020 to October 18th, 2021, the total capital investment of the new level and adjustment of the secondary projects is $966,358 million (FDI: $646.69 million USD; DDI: VND 7,352.72 billion, equivalent to $319,668 million).

Accumulating to October 18th, 2021, the board of management granted 1,713 projects with total capital registered for new level investment and adjustment reached $22,686,677million. With:

Accumulation of secondary projects until now: the board of management grant 1,696 investment certificates (domestic: 531 projects, FDI 1,165) with totalcapital investment and adjustmentreaching  $21,344,447 million (domestic: VND 62,910.27 billion, equivalent to $2.918.95 million and FDI $18,425,497 million).

Achieving exciting results in promoting and attracting investment, especially during this tough epidemic is not easy. It is known that Bac NinhManagement Board of IndustrialZones, which is appointed by the province to manage and develop industries in its territory, has always done well, effectively, and efficiently in the performance of its assigned tasks. With which all state management activities in the Industrial Zones are matched to the investment and business activities of enterprises and investors in the Industrial Zone.

The support of enterprises and investors is defined as a permanent task of each of the management board's public servants and officials. In recent years, the management board has intensified measures to remove difficulties for the enterprise in its production and business activities and to combat Covid-19 disease. At the same time, to promote the communication between enterprises and investors with local specialized State management bodies in order to promptly handle the stalls and studs of enterprises and help to ensure investment and business activities in Industrial Zoneto continue into socbs investment and business in the Industrial Zonecontinues to be stable and developed.

The public administration reform and improvement of the environment for business investment in Quang Ninh in recent times have seen positive developments. Management boards have well maintained TCVN ISO 9001:2015 quality management system; To maintain the efficiency of the units receiving administrative procedures at the provincial public administration center; - To draw up and submit to the President of the provincial People's Committee for consideration and approval of the Ministry of Administrative Procedures, which falls under their handling competence; Registration of administrative procedures for "5 on-site" implementation at the provincial Public Administration Center. Maintain an operation of the province's general text management and operations, operating the department's electronic portal components on the provincial electronic portal and website of the agency and its attached units. Implementing solutions aimed at improving the business environment and improving the enterprise satisfaction index; Improving the PCI numbers, PAPI,...

During the first 9 months of 2021, the Bac Ninh National Resources Management Board received 6,970 administrative procedures (including Labor Sector: 6,120, investment sector: 363 basic construction sector: 487 dossiers). Of this, its early repayment dossier is 4,950 on time; There's no late record. Denied 401 applications, the business withdrew 469. The rest is the paperwork. Online performance was 4,273, representing 61.31 percent of the total files.

Continue to strive to fully complete the task of management and development of the IP

KCN Tiên Sơn, tỉnh Bắc Ninh

In order to generate a wider capacity to accelerate investment in the local industry, Bac NinhManagement Board of IndustrialZones said the upcoming time is for the management board to further administrative reform, improve the business investment climate, improve the level of qualified competitiveness (PCI), strengthen support and mitigate problems for enterprises and investors In particular:

To continue well implementing administrative reforms, improving the environment for business investment, application of information technology in the management, the growing proportion of on-line administrative filing dossiers, for 60 to 70 percent. To strengthen the coordination between the MANAGEMENT boards of the Industrial Zonesand the provincial branches and the divisions attached to them within the agencies. The other tasks shall be carried out in time and ensure that they abide by the provisions of the current law.

Motivate the work of administrative reform, especially reform of administrative procedures, to ensure the centralization of the population and enterprises. Maintain the effectiveness of its "mot cua" department at the provincial public Administration Center. Strengthen the application of information technology in managing, performing the tasks and closely coordinating with functional agencies in performing the state management work over Industrial Zone. Regularly review the Ministry of Administrative Procedures under the agency's handling competence. Maintain and implement TCVN ISO 9001:2015 quality management system. Strive for 100 percent of administrative procedures for performing public administration services online on levels 3 and 4 to meet the actual needs of enterprises and citizens. Continue implementing the contents of the Ministry of Administrative Reform Evaluation criteriaeffectively. Organize self-grading for administrative Reform indexes in accordance with regulations, implement solutions to raise the level of the agency's Administrative Reform Index rankings 2021.

Intensify the mobilization for investment in the Industrial Zone.Create coherent and coordinated coordination among the branches and localities to take the initiative in carrying out the investment promotion work. Continue renewing the contents, promoting investment in various forms. Determine field points for making investment promotion. Given the ongoing complexity of COVID-19 in many countries around the world and in Vietnam, the number of investors seeking investment environment surveys fell sharply after Vietnam restricted flights from China; Taiwan, Hong Kong, Korea, Japan, etc.

The task of combating the Covid-19 epidemic has been defined by the board, in particular, is important to maintain investment and business environment in Industrial Zones. As a result, the management continues to make efforts to combat the Covid-19 epidemic in the industries, to support investors and businesses to implement projects efficiently and to maintain production and business stability...

Believing that attracting open investment and opening up Bac Ninh province investors, along with the strong, professional and highly responsible working spirit of the national officials and officials of the Provincial Administration, Bac Ninh province will continue to be an attractive destination for investors domestically and internationally.

Translated by Nguyen Mai Huong, Chief of Office, Bacninh IZA
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