The southern province of Binh Duong is stepping up a gear to drawone billion USD in foreign direct investment (FDI) in well-equippedindustrial parks next year.
To achieve this, the province willcontinue to ramp up infrastructure in industrial zones while choosingprojects well suited to the locality’s development orientations,particularly energy efficient projects.
At the same time, itwill also zone off some 300 hectares in Bau Bang industrial park to luregarment and support industry projects. All possible means will be inplace to draw inflows once the Trans-Pacific Partnership deal is signed.
Among 28 planned industrial zones in Binh Duong, 26 IZscovering an area of over 9,000 hectares and eight industrial clusters of600 hectares have had infrastructure facilities built, including wastewater treatment systems.
The rate of occupancy in industrialparks and clusters hit an average of 65 percent and 41 percentrespectively. Ten of them obtained a rate of 95-100 percent like VSIP 1,VSIP 2, My Phuoc, Song Than, Binh Duong, Viet Huong and Dong An.
This year, the IZs poured an additional 388 billion VND intotechnical infrastructure, put 86.4 hectares of land up for lease andgenerated jobs for 12,700 workers.
In 2013, Binh Duongattracted 1.3 billion USD in FDI, including 818 million USD poured into125 new projects and additional 501 million USD in 124 existingprojects.
It has so far lured over 2,200 projects valued at more than 18.7 billion USD.-VNA