"Golden land" attracts FDI capital

Binh Duong has become an ideal destination, a "golden land" that attracts domestic and foreign investors. In the field of attracting foreign direct investment (FDI), the province always takes the lead nationwide, especially the province’s annual target of attracting this capital source is always ahead of time, exceeding the set plan.

Why does Binh Duong attract FDI so successfully and effectively? First of all, this comes from the local desire of rising up. From the aspiration, with strategic thinking and vision, "how to make investors bring financial and material resources" to enrich the homeland, with the motto of "win-win", Binh Duong always create the most favorable conditions to attract investment projects.

Accordingly, the province has attached special importance to investing in infrastructure facilities, especially traffic ones. The province’s arterial roads connecting industrial parks with airports and seaports such as National Highway 13, My Phuoc - Tan Van expressway..., opening up gateways for the local development. In addition, the province’s arterial road system connecting industrial parks, services and logistics has created favorable conditions for businesses, helping them reduce costs in the process of circulating imports and exports.

Especially, the province’s infrastructure facilities of industrial parks have been invested and built in a synchronous and modern way at investors ‘requirements. Along with that, Binh Duong also has many policies to attract labor resources, especially high-quality ones, being ready to supply them to businesses. In addition, the province has paid more attention to administrative reform, creating the most favorable conditions for businesses and investors to carry out legal procedures, contributing to building up a brand, attracting investment in the eyes of investors.

A highlight in Binh Duong's FDI attraction is the local initiative. Not waiting for investors to come, with a variety of investment promotion activities, from marketing channels, conferences and seminars to attract investment, Binh Duong has spread the message of a "golden land" and a commitment to always accompany and create the most favorable conditions for businesses.

Binh Duong has so far attracted investors from 65 countries and territories. The number of more than 4,160 FDI projects with total capital of over US$ 40 billion is considered as demonstration for the local success and effectiveness in FDI attraction. With the policy of selectively attracting investment, focusing on projects with advanced production technology, Binh Duong has been ready to receive opportunities from the new generation investment wave amid the context of promoted industry 4.0.

Reported by Dam Thanh-Translated by Kim Tin