As of November 15, Binh Duong attracted more than US$ 2 billion is FDI capital. This was a very impressive number in the year 2021 with negative impacts from Covid-19 epidemic. More specifically, Binh Duong was one of Covid-19 hot spots in the southern region. The province took more than 4 months to implement strict social distancing rules for Covid-19 pandemic and control.
Although facing enormous obstacles, the province's economy still achieved growth. A number of the province’s key industries completed and exceeded the set plan. Noticeably, Binh Duong's FDI attraction was one of the bright spots that need to be recognized, a very respectable resource not only being in 2021 but also positively affecting socio-economic development in the local long-term construction and development journey.
Nearly 25 years since its re-establishment, Binh Duong has always developed with a goal of "rolling out the flowered mat to call for investment", choosing industrial manufacture as a breakthrough along with promoting services. Binh Duong has really devoted all its efforts to building up an attractive investment climate with drastic reform of administrative procedures, construction of transport infrastructure, infrastructure of industrial parks and compounds with modernity and connectivity. Along with that, there are preferential policies on training, supplying skilled laborers plus many practical and meaningful social welfare policies.
Accompanying, considering the success of investors as the success of the province, provincial leaders have stood side by side with investors, creating all favorable conditions for them to work effectively. As of now, Binh Duong has attracted more than US$ 37 billion, with more than 4,000 investors from 65 countries and territories around the world, ranking second nationwide in FDI attraction, only after Ho Chi Minh city. The above figures are the convincing proof for rightness on the choice of development spearhead, of the spirit of "rolling out the flowered mat" that Binh Duong has worked so hard to implement.
The land is good, investors come, but besides there is also the dynamism and flexibility before all developments that have been shown by Binh Duong. Even during the stressful time of the pandemic, Binh Duong was proactive to call and "bring" the potential, advantages and image of the province closer to investors through many effective channels and forms. The Memorandum of Understanding of the US$1 billion project just signed between Lego and VSIP has shown that Binh Duong's investment attraction remains strong and attractive, even in the most difficult period.
Reported by Trieu Phong-Translated by Kim Tin
