Bac Ninh starts construction of an industrial park worth over VND2,800 billion

Vân Trường |

Bac Ninh - On August 21, the groundbreaking ceremony for the construction of Song Mai - Nghia Trung Industrial Park (IP) took place in Viet Yen ward.

Song Mai - Nghia Trung Industrial Park was approved by the Prime Minister in Decision No. 198/QD-TTg dated January 21, 2025 with a total planning area of 197.1 hectares. Phase 1 of the project is deployed on over 50 hectares, with a total investment of more than VND 2,800 billion.

After completion, the project is expected to become a multi-industry industrial park with synchronous and modern infrastructure, meeting the needs of secondary investors and contributing significantly to the industrial - economic - social development of Bac Ninh province.

Speaking at the ceremony, Chairman of the People's Committee of Bac Ninh province Vuong Quoc Tuan acknowledged and highly appreciated the efforts of the investor and the active participation of departments, branches and sectors.

Mr. Vuong Quoc Tuan informed that with its scale, potential and attractiveness, Bac Ninh in the coming time will not only be the center of industrial production in the North but also the whole country; striving to become a centrally-run city, a smart city, a modern industrial center.

The Chairman of the People's Committee of Bac Ninh province affirmed that today's groundbreaking event is of special significance, because this is the first industrial park to be implemented after the merger, expected to become a new boost, continuing the growth cycle, creating momentum to promote sustainable development of Bac Ninh industry in the coming period.

After the merger, Bac Ninh has about 30 industrial parks with a total area of up to thousands of hectares. Bac Ninh's economic scale (GRDP) ranks 5th in the country.

Industrial parks in Bac Ninh strongly attract investment capital, especially FDI capital.

According to the People's Committee of Bac Ninh province, in the first 6 months of 2025, the whole province of Bac Ninh has attracted more than 12 billion USD in converted investment capital. In terms of FDI attraction alone, Bac Ninh province ranks second nationwide, after Hanoi city.

Vân Trường
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