Since early this year, Binh Duong province has absorbed more than VND1.4bln in FDI capital, exceeding this year’s plan. Thanks to its favorable investment climate plus potentials and advantages, especially perfection on urban infrastructure to become a centrally-controlled municipality by 2020, Binh Duong has become attractive in the eyes of foreign investors.

Potentials

According to a future-oriented planning, Binh Duong will be upgraded to become one of the centrally-controlled municipalities in Vietnam by 2020. Therefore,

to ensure development in accordance with the approved master plan, Binh Duong New City of 1,000 ha is built to become a modern, civilized center district of Binh Duong in the future. 

Potential for trade-services development in the urban area named “Dong Do Dai Pho”

Binh Duong New City has continued welcoming residents. Till now, its main works, including a Lucky Square convention center, a multi-functional sports center, supermarkets, international schools… have been completed and come into operation. The political and administrative center for the province herein is expected for completion by 2014.

Like HCM city’s district 1, Binh Duong New City will get animated with many trade-services activities to serve more than 125,000 inhabitants and more than 400,000 people who will work herein.

Investment opportunities

Binh Duong is now home to 28 industrial parks with 16,000 domestic and foreign experts together with tens of thousands of immigrant laborers. Hence, there is a great demand for housing, entertainment, health, education…

Binh Duong’s success in economy has also created a great demand for the real estate sector. In addition, Binh Duong is an important gateway for investment links, connecting southeastern provinces, central Highland region and is adjacent to HCM city, a top economic hud of the country, so it will play a vital role for the  economic development of the region.

Making investment into trade and services in Binh Duong New City is now a new trend, bringing investors high profits. Possibly speaking, real estate projects in Binh Duong New City are only to serve housing demand, but also create the bustle for a top political, cultural and economic center of the region in the future.

It is known that Becamex IJC today (April 26) organizes a seminar on “International education and investment into trade-services in Binh Duong New City” in Binh Phuoc province’s Dong Xoai town. This event aims to bring the local people attractive information on opportunities for investment into trade-services as well as for study in an international environment in Binh Duong New City.

Reported by Q.Khanh-Translated by K.T