Workers at a factory at the Vietnam-Singapore Industrial Park in Binh Duong (Photo: VNA)

Binh Duong (VNA) – Bulgarian entrepreneurs visited the southern province of Binh Duong on October 19 to learn about investment opportunities in the province, especially in the Vietnam-Singapore Industrial Park (VSIP).

At a working session with the Bulgarian visitors, executives of the Vietnam-Singapore Industrial Park Joint Venture Co. Ltd (VSIP) introduced activities of the company, which was set up in 1996 by Binh Duong’s Becamex IDC Corp. and foreign partners led by Singapore’s SembCorp.

VSIP has now become a leading industrial developer in Vietnam with seven IPs in the provinces of Binh Duong, Bac Ninh, Quang Ngai, Hai Duong and Nghe An, and Hai Phong city.

The company’s IPs have attracted more than 630 projects worth over 9 billion USD invested by businesses from 30 countries and territories. VSIP has also provided jobs for more than 174,000 people.

Bulgarian businesspeople took the occasion to ask about the fields prioritised for investment and business partnership opportunities with the VSIP company. They were also interested in investment attraction policies and relevant procedures in Binh Duong.

Bulgarian Minister of Economy Bojidar Loukarsky said he is impressed with the province’s modern infrastructure, open investment attraction policies and simple administrative procedures.

He also spoke highly of VSIP’s operations and considered it a role model industrial park that should be increased.-VNA