Ninh Binh’s Index of Industrial production posts strong growth in first two months
According to Department of Statistics, in the January February period, the index of industrial production (IIP) rose 10.4% compared with the same period last year. In which, mining surges 37.50%; the processing and manufacturing sector expanded 36.86%; electricity production and distribution rose 8.57%; water supply and waste management increase 5.12%.
The industrial sector has shown clearer positive signs and a relatively solid recovery momentum and contributed to the overall-economic growth of the province.
A number of major industrial products posted significant increases year on year, including beverage manufacturing, up 77.53%; electronic products, computers, optics, up 71.19%; paper products, 70.56%; processed woods, up 67.17%.
Meanwhile, textile declined 12.30% and metal production fell 25.22%.
