Becamex IDC and Japan’s Nippon Telegraph and Telephone East Corporation sign a memorandum of understanding for building a smart city in the southern province of Binh Duong on Monday. Photo Nguyen Van Viet

Construction and development giant Becamex IDC and Japan’s Nippon Telegraph and Telephone East Corporation (NTT East) on Monday signed a memorandum of understanding for building a smart city in the southern province of Binh Duong.

Under the MoU, NTT Vietnam will collaborate with Vietnam Technology & Telecommunication JSC, a subsidiary of Becamex IDC, to provide information technology and telecommunications services to customers in industrial parks and urban areas developed by the Vietnam Singapore Industrial Park (VSIP).

The tie-up will also include human resource training and technology transfer and implementation of measures to enhance the quality of services.

The two sides will also do research on a feasibility study to instal public wi-fi in Binh Duong New City and other areas and another to develop a second data centre in the province.

Tran Thanh Liem, chairman of the province People’s Committee, said Becamex IDC and NTT East would be reliable partners in developing the smart city.

The MoU will be the legal framework for the tie-up between Becamex IDC, NTT East and the management of the Binh Duong Smart City to develop information and communication technology network infrastructure, he said.

He called on the two companies to quickly draft concrete plans to effectively implement the agreement.

The plan to develop Binh Duong smart city in 2016-21 focuses on four areas: humans; technology; business community and infrastructure; and living and working environments.

The province has so far attracted more than US$29 billion in foreign direct investment projects, ranking second only to HCM City. — VNS