Bac Ninh reserves industrial land for private tech firms
Bac Ninh is working to support domestic private sci-tech enterprises in accordance with the Party Central Committee's policy, with the goal of making the province a role model in promoting and assisting the private sector.
Chairman of the Bac Ninh provincial People’s Committee, Vuong Quoc Tuan (third from the right), visits the workshop of the Hanel Production, Processing and Import-Export Joint Stock Company (Hanel PT) on May 5. (Photo: VNA)
Bac Ninh (VNA)🌼 – At least 15–20% of the land in industrial parks and clusters in northern Bac Ninh province is expected to be allocated for domestic private enterprises operating in the science and technology sector.
During a field visit to several Vietnamese private enterprises in the science and technology sector on May 5, Chairman of the provincial People’s Committee Vuong Quoc Tuan praised the companies for their well-organised operations and proactive adoption of advanced technologies to yield positive business results.
Bac Ninh is committed to effectively implementing a “green channel” for administrative procedures to create the best possible conditions for enterprises to boost production and business activities, he noted.
He requested the Department of Industry and Trade and the Bac Ninh Industrial Zones Authority to require industrial park and cluster infrastructure developers reserve at least 15–20% of the land in those zones for domestic private sci-tech enterprises.
Workers at a factoiry in the Yen Phong Industrial Park, Bac Ninh province (Photo: VNA)
The Chairman highlighted the province’s strong focus on supporting such enterprises in accordance with the Party Central Committee's policy, with the goal of making Bac Ninh a role model in promoting and assisting private sci-tech firms. In the near future, Bac Ninh plans to establish industry-specific associations to enhance collaboration and mutual support among businesses for sustainable development.
The Department of Construction and local authorities have also been tasked with providing comprehensive information and incentive policies regarding social housing and worker housing projects for interested businesses. Meanwhile, the Bac Ninh Industrial Zones Authority will act as the key liaison between enterprises and local training institutions to strengthen the supply of skilled and high-quality human resources.
The Department of Industry and Trade will also collect all business feedback, serving as a bridge between enterprises and authorities, while continuing to develop supportive policies tailored to the needs of the business community./.
National Assembly Chairman Tran Thanh Man advised Bac Ninh to invest in building a modern data centre, with a particular focus on developing artificial intelligence (AI), to meet the growing demand for data storage and processing, and optimise investment and operational costs while enhancing flexibility, safety, and data security.
Since the beginning of this year, Bac Ninh has attracted approximately 1.45 billion USD in foreign direct investment (FDI). To date, the province has granted investment registration certificates to over 2,400 valid FDI projects, with a total registered capital of 31.3 billion USD, ranking 7th nationwide in terms of investment attraction
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