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Binh Duong always facilitates Australian investors

Update: 01-12-2020 | 11:38:31

Early November 30, Mai Hung Dung, member of provincial Party Standing Committee, Permanent Vice-Chairman of provincial People’s Committee attended an online workshop on Australian investment promotion, which was co-held by the Australian Ministry of Foreign Affairs and Trade, the Consul General of Vietnam in Sydney, the Australian Chamber of Commerce in Vietnam, the Australian Center for Production Development, Becamex IDC and concerned units.

Provincial leaders at the online seminar

The event was attended by representatives of relevant sectors, departments in the province, provincial Industrial Parks Management Board, Becamex IDC, enterprises, entrepreneurs together with around 100 Australian investors.

Speaking at the conference, Mr.Dung said that the province has so far absorbed 29 Australian projects capitalized at US$132million or nearly 7% of Australian investment capital in Vietnam. In 2020, although facing difficulties, due to Covid-19 pandemic, the province still made efforts in maintaining the local economic growth. Particularly, the province’s total GRDP was estimated at growing by 6.78%. The GRDP per capita of the local people was VND150million, equivalent to US$6,500 with trade surplus reaching nearly US$6billion.

Since early this year, the province has absorbed more than US$1.73billion. The province has so far lured 3,913 FDI projects with total registered capital of more than US$35.3billion, ranking third nationwide in FDI attraction, after HCM city and Ha Noi.

Mr.Dung emphasized that the province has constantly improved the local investment climate, competitiveness and boosted support for businesses via perfecting the local socio-economic infrastructure system. Provincial leaders have also always created favorable conditions for investors to work effectively. After the conference, the province wants that investors from Australia will arrive in Binh Duong and learn about the local investment climate so that the province has a chance to more specifically introduce the local advantages and priority fields for investment in the coming time.

Reported by Ngoc Thanh-Translated by K.T

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