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Saturday, 26-4-25 18:46:07

Economics

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Attracting high-quality projects: Positive signals from the start of the year

In 2025, Binh Duong is expected to remain the top destination for foreign investment capital. The province is actively preparing the necessary conditions to develop a green ecosystem that is ready to welcome next-generation foreign investment.

 Binh Duong is making efforts to build digital infrastructure to attract high-quality investment projects. In photo:  Provincial leaders and delegates visit an exhibition booth introducing digital technology at the 2nd National Forum on Digital Economy and Digital Society Development hosted by Binh Duong.

Ready to welcome quality investors

In the early days of 2025, during a meeting and working session with leaders of foreign associations and enterprises, Mr. Nguyen Van Loi, a member of the Party Central Committee and Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation, emphasized that Binh Duong has declared 2025 as a year of acceleration and breakthrough development. Binh Duong focuses on accelerating the implementation of key traffic projects, regional connections, railway lines; forming a modern urban - industrial - service development belt; developing a high-tech zone with an area of up to 200 hectares to serve research and development in the high-tech sector. Provincial Party Secretary calls on foreign enterprises to invest in green energy and high-tech industries.

Provincial Party Secretary Nguyen Van Loi said that in addition to investing in economic infrastructure, Binh Duong also increased investment in cultural, sports, healthcare, education, and human resource training infrastructure; prioritizing attracting investment in high-tech industries, semiconductors, green energy, green economy, and circular economy to build Binh Duong into a truly worth-living place, a destination for all.

Mr. Alexander Christopher Falter, General Director of ECCO Vietnam Co., Ltd. (Bau Bang district), said: “We appreciate the investment climate and the support from the leaders of Binh Duong province. We also value the province's green development strategy and its focus on green energy in this new era, especially the zero-emission reduction strategy and renewable energy development, in line with the investment orientation of large corporations from Europe. With a series of large-scale projects and commitments towards Net Zero from domestic and foreign enterprises, Binh Duong is increasingly affirming its pioneering role in green development in Vietnam”.

Meanwhile, Mr. Jesper Hassellund Mikelsen, Senior Vice President of the Lego Group in the Asia-Pacific region and General Director of Lego Manufacturing Vietnam Co., Ltd., expressed his gratitude to the leaders of Binh Duong province for their support in the implementation of the Lego Factory project at Vietnam-Singapore Industrial Park III. He mentioned that the Lego factory in Binh Duong is expected to begin operations on schedule, which serves as clear evidence of Vietnam's appealing investment environment, particularly in Binh Duong province.

Mr. Kim Jin Woo, the Chairman of the Korean Investment Enterprise Association in Binh Duong, expressed gratitude on behalf of Korean enterprises to the provincial government for its ongoing support in helping them overcome difficulties and ensure effective production and business operations. “With the connection and creation of the most favorable conditions for businesses to develop, I believe that in 2025, there will be more capital from Korean investors continuing to pour into Binh Duong,” said Mr. Kim Jin Woo.

Provincial Party Secretary Nguyen Van Loi (right) receives leaders of Korean Investment Business Association in Binh Duong.

Perfect the green ecosystem

Binh Duong is actively adjusting and re-planning its industrial parks to promote environmentally friendly practices, develop a circular economy, and attract high-tech industries. This region is home to several well-known industrial parks, including the Vietnam-Singapore Industrial Parks I, II, and III, which draw numerous large enterprises and multinational corporations for investment.

To maintain its appeal to investors—especially in the current context where green development and environmental protection are increasingly emphasized—Binh Duong is focusing on upgrading its existing industrial parks to make them smarter. Additionally, the region is planning new modern industrial parks with the goal of achieving sustainable ecological development.

The leaders of the Provincial People's Committee stated that the goal of achieving zero net emissions addresses both environmental and sustainable development challenges, as well as serving as a measure of local governance capacity. As a major manufacturing hub in Vietnam, Binh Duong is dedicated to actively participating in the process of achieving net zero emissions by 2050, as committed by the Government.

According to the Binh Duong Provincial Planning for the period 2021-2030, with a vision extending to 2050, Binh Duong aims to allocate at least 25% of the area within industrial parks for green spaces, transportation infrastructure, and shared service facilities. This plan ensures adequate housing and social, cultural, and sports amenities for workers. Additionally, the province is committed to maintaining and developing ecological corridors, river systems, and canals to support the region's ecological health; effectively implements industrial urban areas - service technology urban areas and sustainable ecosystems.

Mr. Alexander Christopher Falter, General Director of ECCO Vietnam Co., Ltd.: “We hope that in the near future, many European corporations will come to Binh Duong to seek investment opportunities. We are ready to participate in meetings and introduce the investment environment in Binh Duong as a developed investor in Binh Duong. We are ready to expand our factory to welcome business delegations to visit and explore investment opportunities in the province. ECCO Vietnam Company has made detailed plans to expand our factory in 2025...”.  

Reported by Tieu My - Translated by Ngoc Huynh

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