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Economics

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Binh Duong New City - An attractive destination for investors

To attract foreign investment capital (FDI) in the past few years of Binh Duong can not fail to mention that the province started to build a new city in the area of ​​Hoa Phu, Phu Tan of Thu Dau Mot City. It is worth mentioning, Binh Duong New City - a work that is very important for the process of rapid and sustainable development, industrialization and modernization of the province, is carried out by public - well suited.

Investors putting faith

Recently, at the Song Than 3 Industrial Park in Ho Chi Minh City, the inauguration ceremony of Bel Vietnam Co., Ltd., a member of Bel France Group, was opened. Chef, Babybel, Goodi, Regal Picon ... Bel Vietnam's new factory has invested capital of 12.9 million Euros, has advanced production technology, modern; The capacity is 10,000 tons of cheese per year. Besides, there are a number of projects worth up to tens of millions of dollars in industrial parks around Binh Duong New City such as Kymco Vietnam, Budsweser Brewery, Omron Group.

With 6 satellite industrial zones, Binh Duong New City has become an attractive destination for domestic and foreign investment, making a great contribution to FDI in Binh Duong. For the province's socio-economic development. Since the province put the first brick to build a new city, the investment promotion, inviting investors to come here to do business has been accelerated.

Binh Duong new city always attractive investors. In picture: Production line of TPR Vietnam (Vietnam - Singapore Industrial Park II). Photo: Phuong Le

Not only attracted the success of industrial projects, Binh Duong New City also attracted investment capital in the field of real estate, information technology, transportation - transportation. Among these, the most prominent may include the Sora Garden project of Becamex Tokyu Company with investment capital up to $ 1.2 billion. This is a multi-purpose apartment complex and commercial center in Japanese style, built in November 2012. Tokyu Corporation is investing in many industries, but it is developing urban areas in Japan and some countries in the world. Upon arrival in Vietnam, the group selected Binh Duong because of the great prospects of the real estate market, as well as the development orientation of Binh Duong New City.

In addition to the well-invested infrastructure, Binh Duong has continuously reformed its administration to create favorable conditions for investors to invest in production and business so that investors poured capital into public parks. Vietnam - Singapore II, Song Than II, Dai Dang ... in which a series of large capital projects have been invested here. In addition, many investors have projects operating in new Binh Duong city adjusted to increase capital on a large scale.

It is worth mentioning that Binh Duong New City is only invested in a number of important infrastructure projects, while the rest is invested by businesses and investors inside and outside the country to form the city. modern, as the foundation to contribute to Binh Duong forward step on the way of industrialization and modernization.

Significant contribution to the development of the province

Over the past years, Binh Duong has implemented many solutions to attract investment in the province in the province, especially Binh Duong New City. Strong FDI attraction also leads to the synchronous development of technical infrastructure and social infrastructure; to provide better services to serve the investment and production and business activities of enterprises ... These synchronous solutions have been concentrated in Binh Duong very effective in the past , which makes Binh Duong one of the most favorable investment environment in the country from the perspective of FDI investors.

It must be affirmed that FDI has been put into operation, contributing to the province's restructuring of the economy and labor structure, enhancing industrial production capacity; expanding markets, promoting integration; Motivating the domestic enterprises to improve their capabilities and competitiveness in order to adapt in the context of globalization ... Besides the economic impact, FDI also positively affects many aspects of society. , such as improving the living standards of a part of the population, contributing to the increase in GDP per capita annually.

In order to attract more FDI into Binh Duong new city in particular, the whole province in general, in the coming time, the province will continue building synchronous infrastructure system, especially the infrastructure of industrial zones, preparing the land fund. Large clean ready to meet the needs of investors. The province also attaches great importance to training human resources of high quality; improve services to serve investors; At the same time, the reform of administrative procedures and timely settlement of obstacles to create the most favorable conditions for enterprises.

After 9 years of construction, the new city of Binh Duong is changing day by day and putting on its vitality, becoming a civilized and modern urban area. This is a very important project in the provincial development process. It is the expression, affirm the spirit of dynamic, creative, vision development properly, suitable with the process of industrialization, urbanization and modernization of Binh Duong.

Reported by Ly Khanh Vinh – Translated by Vi Bao

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