Singapore pours US$1.4bln into Binh Duong

So far, Binh Duong has absorbed 2,167 FDI projects with total investment capital of US$18.2bln. Singapore is among Binh Duong’s top countries in investment with 116 projects capitalized at US$1.444bln, accounting for 5.35% of total number of projects and 7.93% of total amount of capital flowing into the province.

There is a diversification of industries, ranging from industrial manufacture, real estate trading, infrastructure development of  industrial parks to trade-services…, among Singaporean enterprises in Binh Duong. The province has absorbed many large-scale projects from Singaporean investors, including the US$400 hi-tech industrial park of Mapletree Corporation; the US$150mln Ascendas-Protrade Singapore Tech Park developed by Ascendas and Protrade; the US$199.6mln VSIP Binh Duong complex of Singapore and its partners; the US$14mln YSD-Protrade logistic center of YCH Corporation and Protrade…

Reported T.Minh-Translated by K.T