On the morning of January 2, 2023, the People's Committee of Bac Giang province held a ceremony to award the investment registration certificate for the "Fulian Precision Technology Factory" project of Ingrasys (Singapore) Pte. Ltd to implement its project in Quang Chau Industrial Park, Bac Giang province. This is the first investment project licensed in 2023 of Bac Giang province - the beginning of a new promising and successful year.

Mr. Le Anh Duong-Chairman of the People's Committee of Bac Giang province awarded Investment Registration Certificate, Enterprise Registration Certificate and presented investors of Fulian with flowers

Attending the ceremony were Mr. Le Anh Duong - Chairman of the People's Committee of Bac Giang province; Mr. Phan The Tuan - Vice Chairman of the People's Committee of Bac Giang province; representatives and leaders of a number of departments, provisions and branches of Bac Giang province and representatives of investors and leaders of KBC and SBG.

People's Committee of Bac Giang province decided to grant the Investment Registration Certificate of "Fulian Precision Technology Factory" project to Ingrasys (Singapore) Pte.Ltd and granted the Enterprise Registration Certificate to Fulian Co., Ltd, which is the organization implementing the project. This project is implemented at Quang Chau Industrial Park, Viet Yen district on an area of 49.6 hectares belonging to the 90 hectares of the Expanded Quang Chau Industrial Park which was approved by the Prime Minister in November, 2022. The main objective of this Project is to manufacture electronic components, computers and high-tech communication equipment. The project will create jobs for about 10,000 workers in phase 1 after being put into operation, making a great contribution to the local socio-economic development. According to the plan, the project will come into operation officially from the fourth Quarter of 2023.

Mr. Trang Tu Uc, representative of investor Ingrasys (Singapore) Pte. Ltd spoke at the ceremony

Speaking at the ceremony of granting the investment registration certificate, Mr. Trang Tu Uc - representative of Ingrasys (Singapore) Pte. Ltd expressed his gratitude and appreciated the spirit of determination and companionship of the People's Committee of Bac Giang Province as well as other departments, provisions, agencies and localities, together with the infrastructure investor of Quang Chau Industrial Park who always strive to promote and support in all aspects for the project to be implemented on schedule. Fullian is committed to constantly striving to work effectively, contribute to the socio-economic development of the province, create stable jobs and increase incomes for workers, associate production with environmental protection and social responsibility.

Mr. Le Anh Duong - Chairman of the People's Committee of Bac Giang province delivered a speech

Addressing the direction, Mr. Le Anh Duong - Chairman of the People's Committee of Bac Giang province emphasized that Bac Giang province has made a strong and comprehensive development in the fields of socio-economy in recent years and has presented in the top-tier group of provinces and cities nationwide for economic growth for many years.

In 2022, the province's economic growth reached 19.3%, which is the highest so far. The industrial development index surged the first place in the country, GRDP scale rose to 13th in the country, ranked first in the northern midland and mountainous region, gradually becoming a modern industrial province. Currently, foreign direct investment enterprises are operating in the province with 483 projects; total registered capital is more than 8.2 billion USD.

People's Committee of Bac Giang Province commits to create the most favorable conditions within the legal framework for investors; at the same time directing departments, provisions and localities to be ready to guide, support and accompany investors to soon deploy the project and put it into stable production; focusing on prioritizing possible resources to solve and remove difficulties and obstacles that enterprises encounter in the process of operating in the province with the goal of speeding up the implementation of projects. 

Quang Chau Industrial Park is invested by Saigon - Bac Giang Industrial Corporation (SBG) - a subsidiary of KBC, which is planned to invest and develop according to the model of a modern architectural complex including: Industrial Park - Urban area - Utility and Service area. The scale of the industrial park has a total area of up to 516 hectares, up to now, it has been fulfilled with 100% of the industrial land, attracting 42 investment projects, including 38 FDI projects and 4 domestic investment projects with a total investment capital of up to 3.4 billion USD, creating jobs for about 67,000 workers; some typical large-scale investment projects of big economic groups can be named such as: Foxconn, Luxshare-ICT, JA Solar, Siflex, Samkwang, Crystal Martin, Lens, etc.

Quang Chau Industrial Park with modern factories is fulfilled at a rapid rate

From 2017 to now, Quang Chau Industrial Park, Bac Giang province has always been a typical industrial park in the system of KBC's industrial park projects in terms of fast occupancy rate of industrial land area as well as a high level of  FDI attraction results.