The locality with the best infrastructure in the country received a record high FDI inflow in the first 4 months of the year
Specifically, in the first four months of 2022, FDI inflows into Binh Duong reached $2.41 billion, up 390% over the same period. In which, FDI continued to pour heavily into industrial parks in the area with nearly 1.8 billion USD, more than 4 times higher than the same period in 2021. Up to now, the province has 4,000 foreign investment projects with total capital is about 39.3 billion USD.
Recently, two large enterprises from Denmark, LEGO Group and Pandora Group, signed a cooperation agreement to invest in building a factory in VSIP 3 Industrial Park in Tan Uyen town, Binh Duong province. The two businesses invested more than 1.1 billion USD and created jobs for more than 10,000 workers in Vietnam.
LEGO Group signed a cooperation agreement with the investor of VSIP Industrial Park in Binh Duong to build a carbon-neutral factory worth 1 billion USD. The project has a total investment of more than 1 billion USD, is expected to be deployed in the second half of 2022 and operate in 2024.
Along with that, Pandora Group (specializing in jewelry) signed with the investor of VSIP 3 Industrial Park to invest in building the group’s first factory in Vietnam. The project has an investment capital of about 100 million USD.
These factories are large-scale, using 100% renewable solar energy, invested and built in an industrial park in Binh Duong.
Currently, Binh Duong has 48 industrial zones and clusters with a total area of more than 11,000 hectares, accounting for a quarter of the industrial park area in the whole South. Large industrial zones in the province include: My Phuoc, Bau Bang, Song Than III, Vietnam – Singapore I and II, … In the economic structure of Binh Duong, more than 70% belongs to the industry and construction sector.
There are 29 industrial zones in the province that have been put into operation with the occupancy rate reaching over 70%. Most large enterprises investing in Binh Duong choose concentrated industrial zones.
The construction and development of a system of urban centers and industrial zones (IZs) in Binh Duong has always been interested by the province and devoted a lot of resources to implementation. As a result, the province’s position is increasingly enhanced, becoming one of the major industrial development localities of the country.
In order to continue promoting industrial development, Binh Duong is further strengthening the land fund for industrial park development, promptly catching up with the investment wave. Along with that, in order for the province’s industry to develop in a fast and sustainable way, the province is focusing on implementing the right roadmap to build a smart city.
Binh Duong’s smart city construction is associated with key development orientations such as attracting domestic and foreign investment in high-tech, high-value added, less labor-intensive, environmentally friendly industries. school.
Not only that, Binh Duong also focuses on innovating modern and advanced technology, improving product quality of enterprises to increase competitiveness in international economic integration.
In recent years, when the industrial land fund in the areas of Di An and Thuan An in Binh Duong has been almost exhausted. Therefore, the province has changed the planning of large industrial zones in areas with many vacant areas such as Tan Uyen, Ben Cat, Bau Bang, and Bac Tan Uyen.
According to the economic development orientation of Binh Duong, the province takes industry as the foundation, focusing on building infrastructure of industrial zones associated with urbanization. Accordingly, the province will build an industrial park to create a driving force for socio-economic promotion.
In addition, according to the VCCI Provincial Competitiveness Index report, Binh Duong is assessed to have the best infrastructure in the country in 2021. This clearly shows the spirit of efforts to improve the infrastructure. infrastructure to attract investment capital of the province.
Along with that, in the coming time, after the National Assembly approves the investment policy, the province will soon implement a number of infrastructure projects. One of the typical projects is the Ring Road 3 project, expanding National Highway 13, My Phuoc – Tan Van road, etc.
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
