On July 10, Becamex IJC will organize a seminar to introduce opportunities for investment in trade and services in the Binh Duong New City, a modern and animated city and also an economic-cultural hub of the Southeastern region. Participants will also have a chance to visit Binh Duong New City to learn about the city’s advantages and potentialities for investment in trade and services. 

The dynamic of a young city will absorb organizations and individuals making investment in trade and services

Great demand

After 15 years of re-establishment, Binh Duong is now one of the country’s top localities in industrial development. With 16,000 enterprises in operation plus preferential policies for investment attraction, Binh Duong has got ready for the industrialization and modernization process to become a centrally-controlled municipality by 2020. This will be a great advantage for the development of trade-services sector herein.

Binh Duong New City is seen as the most attractive destination for investors in the field of trade-services. So far, the city’s public works, infrastructure facilities and key projects have been completed and put into operation, bringing many opportunities for the strong development of the trade-services sector.

According to economic experts, the whole province now has around 750,000 immigrant laborers working in industrial parks, namely VSIP, Dong An, Viet Huong, Song Than, South Tan Uyen…The province’s population will also grow by 150,000 people every year. Hence, there will be a boom in social demands of housing, traveling, entertainment…This is also a “gold” opportunity for individuals, enterprises making investment in the trade-services sector.

Highlight of Binh Duong New City

Binh Duong New City has so far completed many key works with social services to meet residents’ demands for living, studying and working, including ecological lakeside park, Lucky Square convention center, international standard sport center, Eastern International University, Kinderworld International School,  Political-Administration Center, luxury residences….

Possibly speaking, Binh Duong now achieves robust growth in terms of trade and services. Binh Duong is seen as a dynamic market with the annual value of trade and services reaching nearly VND60trillion. As planned, the GDP proportion of the trade-services sector will account for 38% of the province’s total GDP by 2015. This is  a very important element for investors making investment in trade and services

With its advantages, Binh Duong New City will be the highlight of the province in creating breakthroughs in trade and services. The city is opening many opportunities about investment in trade and services for individuals, organizations and enterprises that want to promote their business activities in the southern key economic zone in general and Binh Duong in particular.

Reported by Hoang An-Translated by K.T