Within the framework of General Secretary To Lam's State visit to Korea, on August 11, Mr. Vuong Quoc Tuan, Alternate Member of the Party Central Committee, Deputy Secretary of the Provincial Party Committee, Chairman of the People's Committee of Bac Ninh province, had a working session with Hoban Group of Korea.
At the meeting, Chairman of the Provincial People's Committee Vuong Quoc Tuan and delegates were introduced to Hoban Group.
Established in 1989, this is a multi-industry corporation in Korea in activities such as construction, real estate, and electric cable production. The group is currently ranked 30th in the ranking of large enterprises in Korea with total assets of about 15 billion USD.
Introducing the potential and advantages of attracting investment in the province, Chairman of the People's Committee Vuong Quoc Tuan emphasized that Bac Ninh has many strengths to attract investment thanks to its strategic geographical location, abundant human resources and attractive investment incentives.
Mr. Vuong Quoc Tuan said that on August 15, Bac Ninh province will organize an investment promotion conference and award the province's investment certificate in the fields of industrial development and urban infrastructure, trade and services with a total investment value of up to 6.9 billion USD.
The Chairman of the People's Committee of Bac Ninh province emphasized that, based on the foundation of the comprehensive strategic partnership between Vietnam and Korea, it is hoped that Hoban Group will study and learn about investment opportunities in the Group's strengths in Bac Ninh. Especially in the context that Bac Ninh province has many similarities with the Hoban Group projects that have been implemented in Korea.
Bac Ninh province is committed to always accompanying, creating the most favorable conditions, and at the same time applying the "green channel" mechanism to simplify administrative procedures, supporting businesses to learn about investment, production and business cooperation opportunities effectively, and develop together sustainably.
Bac Ninh is one of the industrial capitals in the North, concentrating a series of FDI giants in the fields of technology equipment manufacturing, electronics, and semiconductors.
This locality has an economic scale of 439.8 trillion VND, ranking 5th in the country, after the localities: Ho Chi Minh City, Hanoi, Hai Phong and Dong Nai.
