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APPROVING THE INVESTMENT POLICY OF BECAMEX BINH DINH INDUSTRIAL PARK PROJECT

23/03/2022

The Project of investment in infrastructure construction and business of Becamex VSIP Binh Dinh Industrial Park (IP) has been signed and approved by Deputy Prime Minister Trinh Dinh Dung.

Becamex Binh Dinh Industrial Park Subdivision Planning

Accordingly, the Project of investment in infrastructure construction and business of Becamex VSIP Binh Dinh IP is invested by Becamex Binh Dinh JSC (headquarter located at Quy Nhon city, Binh Dinh province), with a total investment of more than 3,333 billion VND, implemented on an area of ​​about 1,000 hectares in the Canh Vinh commune, Van Canh district, Binh Dinh province.

According to Mr. Nguyen Phi Long, Vice Chairman of Binh Dinh Provincial People’s Committee, the Project of investment in infrastructure construction and business of Becamex VSIP Binh Dinh IP is part of an agreement on socio-economic development cooperation between Binh Duong and Binh Dinh provinces in the 2017-2021 period. The project is expected to contribute to creating a breakthrough for the socio-economic development of Binh Dinh province in general as well as the development of the Nhon Hoi Economic Zone in particular.

In addition, the project will create a big breakthrough for industrial development, and at the same time, expand the development space for Quy Nhon City towards the West. Therefore, from the very beginning, the provincial authorities have made efforts to closely coordinate with the Investor from the stage of surveying, site selection, detailed planning, scheme formulation, and submission to the Prime Minister for approval of investment policy.

In order to prepare the infrastructure for the project, over the past time, Binh Dinh province has accelerated the construction progress of the Western Ring Road of the province with an investment capital of more than 1,500 billion VND, in order to connect Becamex Binh Dinh Industrial, Urban, and Service Complex to Quy Nhon city.

Source: nld.com.vn

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