Becamex IDC inks investment deal for Binh Duong

Wednesday, Mar 02, 2022 16:28

Pham Ngoc Thuan, general director of Becamex IDC (left) and Do Nhat Hoang, head of Foreign Investment Department( right) show the cooperation certificates in HCM City. — Photo courtesy of Becamex IDC

Becamex IDC and the Foreign Investment Department, from the Ministry of Planning and Investment inked a strategic cooperation deal on Tuesday, to strengthen international cooperation in Binh Duong Province.

The cooperation is an ideal opportunity for Binh Duong and Becamex IDC to connect more firmly in international integration, organise conferences and seminars to join localities, domestic enterprises with foreign partners, and participate in international conferences at home and abroad.

The two sides will explore other areas where they can cooperate to maximise each other's potential, affirming to build a specific action plan jointly for ideas that strengthen cooperation and benefit both sides.

Despite facing many difficulties due to COVID-19, Binh Duong has still achieved positive results. Currently, it is ranked second in the country for attracting foreign investment capital, after HCM City with 4,016 projects, and total registered capital of more than US$37 billion from 65 countries and territories.

On February 25, the World Smart Community Forum (ICF) honoured Binh Duong as one of 21 regions with a Smart City development strategy in 2022 for the fourth time.

As a key enterprise of Binh Duong, Becamex IDC has made many significant contributions to the local development. It was also assigned by the Provincial People's Committee to develop industrial infrastructure, with Becamex IDC focused on investing, building and developing infrastructure, creating regional connectivity and attracting investment to the province.

Within the framework of President Nguyen Xuan Phuc's official State visit to Singapore from February 24-26, Becamex IDC, Sembcorp and VSIP announced cooperation to promote innovation, Industry 4.0, sustainable development and new growth platforms.

Do Nhat Hoang, director of the department, expects the cooperation to bring opportunities to connect multilateral diplomacy between localities and agencies, diplomatic missions, foreign business associations, and promote foreign investment capital in the province and wider country.

Hoang said Becamex IDC will continue to maximise its potential in the partnership relationship and contribute to the dynamic development of Binh Duong, contributing to making Binh Duong one of the leading localities in the country in terms of attracting foreign investment. — VNS

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