Binh Duong rose to become a bright spot in the Southern Key Economic Region

After 25 years of being separated from Song Be province, a province with few natural resources, no airport or seaport, but so far Binh Duong has achieved amazing results in economic development – society.

In 2021, the province’s gross domestic product (GRDP) is estimated to increase by 2.62% (it is planned to increase by 8.5 – 8.7%); GRDP per capita reached 152.25 million VND (plan 161.8 million); economic structure: industry – services – agriculture – product tax minus product subsidies with the corresponding proportion of 67.91% – 21.31% – 3.1% – 7.67% (plan 65.1% – 23.73% – 3.17% – 8.0%).

In the industrial sector, it is estimated that the industrial production index will increase by 4.5% compared to the previous year (in 2020 it will increase by 8.02%, the plan in 2021 will increase by 9.2%); in which: mining decreased by 35.7%, processing and manufacturing industry increased by 5.3%, electricity and gas production and distribution increased by 2.8% and water supply increased by 1.3%. Commercial electricity output is estimated at 14 billion KWh, down 1.6% compared to 2020; maintaining the percentage of households using electricity at 99.99%.

Regarding industrial parks, Binh Duong continues to carry out investment procedures in industrial parks that have been planned. During the year, the total investment in infrastructure construction reached VND 5,698 billion; sublease land with a total area of ​​160ha, attracting foreign investment reaching 1 billion 700 million USD (accounting for 82% of the province) and 3,104 billion VND of domestic investment capital. Enterprises in the industrial park have disbursed 2 billion USD, 073 million USD, revenue reached 35.1 billion USD, export reached 20.9 billion USD. The whole province currently has 29 industrial parks (of which 27 are put into operation), with an area of ​​10,963ha, land lease rate of 88.13% and 12 industrial clusters, with a total area of ​​790ha. fully installed reached 67.4%.

In the first months of 2022, the People’s Committee of Binh Duong province directed drastically and urgently to implement the 2022 socio-economic development plan across sectors and fields, focusing on solving difficulties and obstacles. creating confidence and excitement for businesses and people, contributing to the effective implementation of the program of socio-economic recovery and development. The province has coordinated in researching and implementing transport projects connecting and linking regions, speeding up the implementation progress and disbursing public investment capital.

The socio-economic situation in the first quarter of 2022 of Binh Duong has had positive changes, many targets have been met and exceeded the plan. Prominent in the economic development of the province is attracting investment, building smart cities, important transport projects.

In which, typically: Industrial production index increased by 7.2% over the same period in 2021, total retail sales of goods and services increased by 9.6%, average consumer price index increased. 2.2%, export turnover increased by 9.8%, total investment in social development increased by 8.1%, budget revenue was estimated at 28% of the estimate assigned by the Provincial People’s Council.

Besides, the province’s investment attraction has achieved good results. Specifically, domestic investment (as of March 15) has attracted 15,800 billion dong of registered business capital, accumulated up to now, the province has 55,267 domestic enterprises with a total registered capital of 546 trillion dong. Foreign investment (as of March 18) has attracted more than 1.68 billion USD, accumulated up to now, the province has nearly 4,050 foreign-invested projects with a total registered capital of 39.4 billion USD.

According to statistics from the Foreign Investment Department (Ministry of Planning and Investment), in the first quarter of 2022, Binh Duong leads the country with total investment capital, said Mai Ba Truoc, director of Binh Duong Department of Planning and Investment. reached 2.32 billion USD.

According to Mr. Truoc, policies to support investors and a series of transport infrastructure projects of various types, ports, highways, railways… have been implemented, Binh Duong is facing challenges. new opportunities, strongly attracting high-quality investment capital. The attraction of foreign investment capital (FDI) has more depth, bringing higher value.

Since 2017, Binh Duong has been recognized as the first province in the country to have no poor households according to central standards. The poverty rate according to provincial standards is less than 1%. In 2019, 100% of communes will meet new rural standards, completing the set plan one year in advance. The urbanization rate is increasing rapidly, reaching 82% by 2020, 2.5 times higher than the national average.

Binh Duong has become a model of opening up, attracting investment and carrying out industrialization and urbanization

Through 25 years of construction and development, up to now, Binh Duong province has achieved many important results in terms of economy, culture, society, science and technology, national defense, security and foreign affairs. This is both the goal and the motivation of the Party Committee, the government and the people of the province, constantly striving to make Binh Duong constantly develop. Being aware of the relationship between combining socio-economic development with consolidating and strengthening national defense and security, the Party committee, government and people in the province have had high solidarity and consensus in coordination. organization of tasks.

At the seminar “Continuing tradition, Binh Duong province on a quarter of a century: Achievements and prospects” organized by the Provincial Party Committee and People’s Committee of Binh Duong Province Binh Duong Provincial People’s Committee held on April 20, Mr. Nguyen Xuan Thang, Politburo member, Director of the Ho Chi Minh National Academy of Politics, Chairman of the Central Theoretical Council affirmed that along with the country’s Doi Moi process, following the generation of leading localities. (like Ho Chi Minh City) in the process of transitioning to a market mechanism, Binh Duong has become a model of opening up, attracting investment, and carrying out industrialization and urbanization. The development of Binh Duong not only brings valuable experiences but also a great motivation and inspiration for other localities to rise up.

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