To promote investment attraction, create a new breakthrough

By determined to innovate, take advantage of the potential, available advantages and persevere in development in the right direction, in the coming time, Binh Duong will continue to explore and take advantage of opportunities for fast and sustainable development.

From solid foundation

Located in the central region of the southern key economic region, Binh Duong is gradually asserting its role in regional, inter-regional and international connectivity. Binh Duong is currently ranked second nationwide in terms of attracting foreign investment (FDI), with more than 3,700 FDI projects.

Up to now, the whole province has 29 industrial parks (IZs) and many industrial clusters with synchronous and modern infrastructure, of which some IPs have become models of the whole country; There are more than 38,000 enterprises investing in the country and more than 10,000 hectares of land for industrial zones. Currently the industrial proportion accounts for more than 60% of the province's GDP.

Another highlight, Binh Duong has become an official member of the World Urban Science Association (WTA), a member of the World Smart Community Forum (ICF). Binh Duong is also the first locality of Vietnam to be honored as one of the 21 cities and regions with the typical smart city development strategy of the world (Smart21) for two consecutive years 2019 and 2020. Nearly Most recently, Binh Duong New World Trade Center was admitted to the World Trade Center Association (WTCA). This event created an important impetus for the province on the path of integration and sustainable development.

According to Dr. Frank-Jurgen Richter, Chairman of the Asian Economic Cooperation Forum (Horasis), Binh Duong is a very successful example for smart city projects - which were implemented several years ago. Currently, the position of smart city of Binh Duong is highly appreciated among the smart cities around the world, especially in transport infrastructure, logistics, environment, environmental protection, connectivity. entrepreneurs and service sectors.

In addition to affirming that the dynamic development of Binh Duong province has contributed significantly to the development of the southern key economic region and the whole country, Deputy Prime Minister Vuong Dinh Hue said that with the actual implementation Currently, the Smart City Scheme we can expect in a prosperous Binh Duong city in the future.

Ready for new breakthroughs

Dr. Frank-Jurgen Richter said: “In 2018, we brought many businessmen and large enterprises to Binh Duong province and then many important signings. Many other projects are being implemented here. We expect next year, Binh Duong's investment attraction will continue to reach new heights. ”

Mr. Tran Thanh Liem, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, said that with great success in 3 years of implementing the construction of a smart city, it has affirmed the prestige, capacity and position of Binh Duong in region and the world. The province has been trying to implement important measures to reallocate the province's development resources in a more effective manner and be applied appropriately into the province's practice in the coming time. Thereby contributing to developing the provincial economy more and more dynamically and ready for international integration, realizing the goal of developing the province into a smart city, bringing a better life for the people.

According to Associate Professor - Doctor Tran Dinh Thien, the opening of international economic integration not only brings benefits but also poses many challenges for Binh Duong. Therefore, when the province decides to step into the big playground, it is necessary to have a smart strategy, long-term thinking and put in the development orientation and appropriate regional connection. In parallel with the process of socio-economic development, Binh Duong needs to build a more modern and attractive living environment, while at the same time paying attention to preserving and protecting natural resources and solving environment problems, towards building sustainable development for its smart city.

Mr. Nguyen Van Hung, Chairman of Becamex IDC Corporation, said the advantage of cheap labor is losing, instead we need to focus on training a highly qualified workforce, able to meet for higher tech jobs in the future. With the triple helix model (government - school - business) that the province is building, it is believed that in the near future, the labor force of the province will meet the needs of businesses and needs and economic development demand.

“We are on a journey to build an innovative ecosystem around Becamex IDC's core business of infrastructure development and industrial services. We are also excited to establish a strategic relationship with the National University of Singapore (NUS) - Asia's leading university, to support entrepreneurship and local talent in learning and following. chasing startup business. We welcome startups wishing to enter the Vietnamese market as well as access local technology talent. These are the core issues in our strategic goal: To facilitate the transformation of Vietnam's economy structure from a labor-intensive economy to a technology-intensive economy and knowledge activities ”

Reported by Tieu My – Translated by Vi Bao

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