Economy
Bac Ninh has 15 industrial parks with total areas of 7,681ha, of which nine have operated effectively.The industrial parks have lured 272 FDI projects totaling over $3.7 billion, including those invested by Canon, Samsung, P&Tel, Sumitmoto, Foxconn, ABB, Orion and Nokia. They have attracted 254 domestic projects with total registered capital of over $1 billion and a labour force of more than 83,000. Bac Ninh has as many as 120 handicraft villages, 62 of which are traditional ones such as copper casting (Dai Bai-Gia Binh), iron and steel (Da Hoi-Tu Son), wooden product (Dong Ky-Kim Son). They have been upper hands and potentialities to contribute much to Bac Ninh’s economic development.
Read more about this topic: Bac Ninh Province
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
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—Henry David Thoreau (1817–1862)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)