Opportunity for Binh Duong to call for investment in smart city building

The Horasis meeting 2018 will take place at provincial Convention-Exhibition Center from November 25 to 27 with main events: plenary sessions and dialogues with the participation of the world’s top speakers. For greater concern, Binh Duong Newspaper had an interview with General Director of HSBC Vietnam Pham Hong Hai, a speaker at the Horasis meeting 2018.

Propaganda panels on the Horasis meeting 2018 are installed on main streets of Binh Duong New City

- Horasis is an international investment promotion organization established in 2005 with the mission of connecting investors from multinational corporations around the world. Following the success of the World Technopolis Association (WTA) summit, Binh Duong continues hosting the Horasis meeting 2018. How will the event impact on the development of Binh Duong?

-The Horasis meeting is developed as a forum with comprehensive outlooks on the successes of Asian economy with annual events in Bangkok in 2016 and Kolkata in 2017. Binh Duong is now one of Vietnam’s southern economic hubs. Currently, the province is home to 29 industrial parks (Ips) and will strive to develop additional 5 Ips by 2020.

Binh Duong’s highlight in investment attraction is that the majority of the world’s top corporations focus on industries of hi-tech electronics, household appliances, pharmaceutical products and hi-class consumer goods. The province has issued sound policies in promoting industries with high added value, improving the rate of localization, fostering auxiliary industries to get involved in the global supply chain. To be in line with a project in smart city building and the fourth industrial revolution, the province has braced up companies to renovate technologies and increase the linkage with big corporations. The province has also attached special importance to modern and sustainable urban-service development; fostered infrastructure facilities to serve the local economic development and investment attraction towards an effective ecosystem.

The Horasis meeting 2018 is seen as a highlight for Binh Duong to promote its trademark. With the participation of more than 600 CEOs from Asia and America’s top businesses, this will be an opportunity for the province to promote its trade activities with partners.

-Binh Duong is implementing a project on smart city building. According to him, what will the province enjoy advantages when hosting the Horasis meeting 2018?

-Following the success of the WTA summit 2018 organized in Binh Duong last October, the Horasis meeting 2018 will be an opportunity for the province to call for investment in realizing the Binh Duong smart city project.

-As one of speakers at the Horasis meeting 2018, what is your assessment about the contents of sessions at the meeting? How will they impact on Asian economy in general and Vietnamese economy in particular?

The Horasis meeting 2018 includes plenary sessions, dialogues and side-slide events. They focus on discussing the issues of Asia, opportunities and challenges for organizations amid the global fluctuations on trade and geo-politics and in the fourth industrial revolution.

-Thanks a lot!

Reported by Phuong Le-Translated by K.T