On the afternoon of October 27, 2022, Binh Dinh Province People’s Committee coordinated with Becamex IDC Corporation and Becamex Binh Dinh JSC to organize an online conference to promote investment with Taiwanese enterprises. At the conference, involved parties shared about potential advantages when investing in Binh Dinh province.
Directly participating in the conference at Binh Dinh bridge, there were Mr. Nguyen Tu Cong Hoang – Vice Chairman of Binh Dinh Province People’s Committee; leaders of departments, boards, and agencies in Binh Dinh; Mr. Nguyen Van Lang – General Director of Becamex Binh Dinh JSC; Ms. Tran Thi Hong Minh – Marketing Deputy Director of Becamex IDC Corporation and Mr. Hua Chi Thanh – President of the Council of Taiwanese Chambers of Commerce in Da Nang.
At the bridge in Taiwan, there was Mr. Han Quoc Dieu – Chairman of the Taipei Economic and Cultural Office in Ho Chi Minh City and more than 100 Taiwanese enterprises were participating online.
With the view of constantly improving and enhancing the quality of the investment-business environment to strive and become an “ideal destination” for domestic and foreign investors, Binh Dinh province has been paying great attention to developing and completing the transport infrastructure system within the province, especially traffic – commerce – services infrastructure, economic zones, industrial parks infrastructure; in which, Becamex VSIP Binh Dinh Industrial Park has been focused on investing in a modern direction and is identified as one of the three breakthroughs for the province’s socio-economic development in the coming time.
Binh Dinh province has strengthened promotion and investment attraction from domestic and foreign investors and enterprises, including Taiwanese ones. This conference is a meeting event for Taiwanese businesses who are interested in learning about incentives from State policies as well as investment opportunities in Binh Dinh.
Over the past time, the People’s Committee of Province and Becamex IDC Corporation have made efforts to coordinate, actively build and develop friendly relationships with state agencies, as well as collaborate on investment and trade with Taiwanese enterprises. Despite many efforts in investment collaboration, the results of attracting investment from Taiwanese businesses in Binh Dinh province are still quite modest.
Until now, the province has only had 03 industrial production projects from Taiwanese investors, of which 02 projects in Nhon Hoa Industrial Park and 01 project in the Cat Nhon industrial cluster with a total area of about 8.4 ha and a total registered investment capital of 14.2 million USD. 02 projects have been put into operation, contributing to creating jobs and raising income for local people. Especially, high technologies have been applied in production and business, bringing positive results and giving enterprises within the province a spreading motivation.
In recent years, many big investors have researched, trusted, and selected Binh Dinh province to invest and develop business activities, including Becamex IDC Corporation – a leading brand in the field of investing and developing urban infrastructure and industrial parks in Vietnam.
In September 2020, Becamex VSIP Binh Dinh started construction on an area of 1,425 ha in the sub-zone 7, Nhon Hoi Economic Zone (Canh Vinh commune, Van Canh district) with a scale of 1,425 ha including an industrial park of 1,000 ha, a residential, commercial and service area of 425 ha with the total capital of more than 3,333 billion VND.
Becamex VSIP Binh Dinh is designed according to modern, green, clean, beautiful, and sustainable criteria, aiming to attract 2 billion USD into the manufacturing industry, create jobs for 120,000 – 150,000 workers, contribute to the state budget of more than 400 billion VND/year. The project has now attracted well-known investors with the “milestone” of starting construction of a high-tech emulsion and thin film factory in May 2022 of KURZ Group (Germany) as a specific example.
Becamex VSIP Binh Dinh Industrial Park is a hub for trade, transshipment of goods, services, commerce, and expansion of relations for socioeconomic development with domestic and foreign regions, especially South Central provinces, Central Highlands and Southern and Central provinces of Laos, Thailand, etc. The Becamex VSIP Binh Dinh Industrial, Urban, and Service Complex project is expected to be an effective investment attraction place, contributing to developing a breakthrough step for the socioeconomic development of Binh Dinh province in general, as well as the development of the Nhon Hoi economic zone in particular.
At the end of the conference, Mr. Nguyen Tu Cong Hoang – Vice Chairman of Binh Dinh Province People’s Committee expressed his determination to improve the quality of the business investment environment, complete the transport infrastructure system, step up the reform of administrative procedures toward the goal of developing professional, modern, effective, and efficient administration. With the advantages, available potential, and support of Becamex IDC, Binh Dinh Province affirms that they will always stand by and accompany enterprises; listen, share, and solve difficulties for enterprises; create favorable conditions for Taiwanese businesses to invest in manufacturing and business in Binh Dinh.
“Striving for Binh Dinh to become an “ideal destination” for domestic and foreign investors, we always consider the legitimate interests and success of investors as our own benefit and success,” affirmed Mr. Nguyen Tu Cong Hoang.
Source: P.V – baobinhduong.vn