During his March 27 working session to VSIP Bac Ninh, Hai said that there should be measures to accelerate the progress of VSIP Bac Ninh construction in the second phase, develop urban areas and build houses for workers.
He asked the province to facilitate investors’ operations, affirming that the Vietnamese Government will focus on implementing administrative reforms, creating a favourable environment to attract investors to Bac Ninh and Vietnam in general.
VSIP Bac Ninh, in northern Vietnam, is one of the VSIP Group’s five projects which have been carried out since 2007 with total investment capital of US$169 million.
With a uniform and modern infrastructure, VSIP Bac Ninh has attracted 50 major investors including Nokia, PepsiCo, Foster, and Mapletree to lease land and build workshops.
US$1.09 billion, mostly from FDI enterprises has been invested in Bac Ninh so far. The industrial park has generated 17,000 jobs until March 2014 and is expected to provide approximately 20,000 more later this year.
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