Việt Nam News

Bắc Giang industrial parks to cover 7,840 hectares by 2030

July 20, 2021 - 09:08

Identifying industrial development a key economic drive, the northern province of Bắc Giang eyes turning itself into an industrial locality following a modern and sustainable orientation.

Bắc Giang aims to set up 23 new industrial parks (IPs), expand five IPs, and merge six industrial clusters into a 6,518-ha IP, pushing the total number of local IP to 29 spanning 7,840 ha by 2030. — VNA/VNS Photo

BẮC GIANG — The northern province of Bắc Giang aims to set up 23 new industrial parks (IPs), expand five IPs, and merge six industrial clusters into a 6,518 hectare IP, pushing the total number of local IPs to 29 covering 7,840 hectares by 2030.

A goal has also been set for the gross regional domestic product (GRDP) to grow by 19 per cent annually from 2021 to 2030 and for its value to exceed VNĐ652.15 trillion (US$28.3 billion) by 2025, hitting VNĐ2.2 quadrillion by 2030.

Meanwhile, 29 new industrial clusters will be established and three others expanded, covering a total area of 1,853 hectares. By 2030, Bắc Giang hopes to house 66 clusters spanning 3,209 hectares.

The local IP development follows a model that consists of an IP and an urban-service area with modern technical and social infrastructure. Prioritised industries include mechanics and manufacturing, farm produce and food processing. Attracting investment, high-quality human resources development, and the transfer and application of new technology are key focal points.

According to the provincial Department of Industry and Trade, to date, Bac Giang has six IPs covering 1,322 hectares. Five of them have become operational. They have attracted 409 projects from domestic and foreign investors worth VNĐ9.4 trillion and nearly $6 billion, respectively.

In 2020, budget collection from the IPs reached over VNĐ2.2 trillion, or 11 per cent of the provincial budget. — VNS

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