The Binh Duong Becamex IDC Group (Becamex IDC) and the Vietnam Maritime Commercial Join Stock Bank (Maritime Bank) on June 23 signed a deal to develop the Binh Duong new city centre in southern Binh Duong province.

Under the agreement, Maritime Bank will provide credit loans for Becamex IDC, its affiliates and customers who invest into the new city centre.

The project is scheduled to mobilise a total investment capital of more than 150 trillion VND from now until 2020.
As many as 20 groups and corporations have pledged to invest into the 1,000ha city centre that will include Binh Duong province’s administrative area, a hi-tech park, a financial, banking and stock centre, offices for lease, restaurants and hotels as well as universities.

The centre will also consist of a square, a lake and a cultural centre, among other infrastructure facilities./.