Illustrative image (Photo: Internet) Binh Duong (VNA) - Thesouthern province of Binh Duong has committed to further improving its investment climate to ensure itremains an ideal destination for foreign investors.
Theprovince has greatly improved road infrastructure to enhance transportconnectivity with HCM City and nearby provinces, developed concentratedindustrial zones and attracted workers from provinces and cities around thecountry.
Accordingto Bui Minh Tri, head of the province industrial zones(IZs) management board, asone of the fastest growing provinces in the key southern economic zone, Binh Duong is among the hottest investmentdestinations in the country.
Therefore, it is always lookingfor means to develop transport infrastructure to help ship goods to otherprovinces as well as abroad without suffering from congestion.
It plans to further improveconnectivity by developing waterways and, in the future, a rail link totransport goods to ports in HCM City and Dong Nai province.
Mai Hung Dung, deputy chairman of the provincePeople’s Committee, said one factor that had attracted investors to Binh Duong was its infrastructure development.
The widening of major roadssuch as Highway No.13 and My Phuoc - Tan Van that run between concentrated industrialzones has created a big advantage intransporting quickly efficiently to ports.
Sompob Witworrasakul, generaldirector of Vina Kraft Paper Co., Ltd, said his company chose Binh Duong to invest in because it has modern infrastructure and offers convenience in goods transport.
Besides, it was a leadingprovince in plans to create a smart city.
Under the smart city scheme, Binh Duong aims to improve its workforce’s skillsand education, expand R&D activities and develop a start-up eco-system,attract more FDI in high-tech manufacturing, and improve transport, ICTinfrastructure and living conditions.
Binh Duong New City will be the centre of the Binh Duong Smart Province and house the mostimportant urban areas, research and educational institutions and industrialzones.
Dung said the province has prioritised investment in high-techindustries, supporting industries, IT, precision engineering, trade, andservices.
A total of 3,999 companies havebeen set up in the southernprovince this year with total capital of 26.95 trillion VND (1.16 billion USD).
The figures represent year-on-yeardeclines of 2.5 percent in number and 1 percent in total capital, caused mainly by the impacts ofthe COVID-19 pandemic./.
Theprovince has greatly improved road infrastructure to enhance transportconnectivity with HCM City and nearby provinces, developed concentratedindustrial zones and attracted workers from provinces and cities around thecountry.
Accordingto Bui Minh Tri, head of the province industrial zones(IZs) management board, asone of the fastest growing provinces in the key southern economic zone, Binh Duong is among the hottest investmentdestinations in the country.
Therefore, it is always lookingfor means to develop transport infrastructure to help ship goods to otherprovinces as well as abroad without suffering from congestion.
It plans to further improveconnectivity by developing waterways and, in the future, a rail link totransport goods to ports in HCM City and Dong Nai province.
Mai Hung Dung, deputy chairman of the provincePeople’s Committee, said one factor that had attracted investors to Binh Duong was its infrastructure development.
The widening of major roadssuch as Highway No.13 and My Phuoc - Tan Van that run between concentrated industrialzones has created a big advantage intransporting quickly efficiently to ports.
Sompob Witworrasakul, generaldirector of Vina Kraft Paper Co., Ltd, said his company chose Binh Duong to invest in because it has modern infrastructure and offers convenience in goods transport.
Besides, it was a leadingprovince in plans to create a smart city.
Under the smart city scheme, Binh Duong aims to improve its workforce’s skillsand education, expand R&D activities and develop a start-up eco-system,attract more FDI in high-tech manufacturing, and improve transport, ICTinfrastructure and living conditions.
Binh Duong New City will be the centre of the Binh Duong Smart Province and house the mostimportant urban areas, research and educational institutions and industrialzones.
Dung said the province has prioritised investment in high-techindustries, supporting industries, IT, precision engineering, trade, andservices.
A total of 3,999 companies havebeen set up in the southernprovince this year with total capital of 26.95 trillion VND (1.16 billion USD).
The figures represent year-on-yeardeclines of 2.5 percent in number and 1 percent in total capital, caused mainly by the impacts ofthe COVID-19 pandemic./.
VNA
