The northern province of Bac Ninh licensed 116 new foreign direct investment (FDI) projects worth USD 332.5 million in the first seven months of 2018, according to the provincial Department of Planning and Investment.

Illustrative photo (Photo: VNA)

The province also allowed 69 existing FDI projects to increase their capital by USD 536.7 million and revoked 14 projects with investment capital of more than USD 149.6 million.

In July alone, the province issued new investment registration certificates for 20 FDI projects with total registered capital of more than USD 120.5 million, allowed nine projects to increase capital totalling USD 62.6 million and revoked two projects with the investment of nearly USD 97.2 million.

Some large investment projects of Bac Ninh include the ultra-clear laminated glass factory project in Yen Phong Industrial Park, a film and membrane production plant in Que Vo III Industrial Park and Lotte Cinema Bac Ninh.