Another half a billion USD invested in Binh Duong
Binh Duong currently has 4,092 licensed projects with a total registered investment capital of more than 39.73 billion USD, accounting for 9% of the total FDI investment capital of the country.
On March 25, Binh Duong Provincial People's Committee granted investment licenses to 4 new projects and increased investment capital for 2 projects with a total of more than 500 million USD in the program "Start-up - Connect - New Development".
In which, the joint venture between Becamex Corporation and Warburg Pingcus Investment Fund (USA) has increased investment capital by 300 million USD to implement industrial real estate projects; project of producing headlights, neon lights, decorative lights of investor Licona Corporation with $58 million ($10 million for new).
There is also a jewelry and jewelry accessory factory project by Pandora Group (Denmark) with a total investment of $163 million, using 100% renewable energy and expected to create more than 6,000 jobs. do. The project of manufacturing and processing electric bicycles of Vision Mobility Limited Company with an investment capital of 6.6 million USD and the project of Chyfly Technology and Trading Co., Ltd., producing plastic beads with investment capital of 6 , 5 million USD
In this investment license round, Viet My Petroleum Equipment Joint Stock Company (domestic capital) will manufacture, process and manufacture mechanical equipment used in the oil and gas exploitation industry with a capital of 120 billion dong.
According to the Department of Planning and Investment of Binh Duong province, from the beginning of the year to March 15, the province attracted 437 million USD in FDI. Accumulated up to now, this locality is ranked second in the country (after Ho Chi Minh City) in attracting foreign investment, with 4,092 valid licensed projects, total registered investment capital of more than 39.73 billion USD. , accounting for 9% of the total foreign investment capital of the country.
Also in the Launch - Connect - New Development program, Binh Duong Provincial People's Committee signed a strategic cooperation agreement with FPT Corporation and Sun Group in the fields of digital transformation, development of trade and tourism services. VSIP Group signed a memorandum of cooperation with 9 provinces of Binh Phuoc, Tay Ninh, Binh Thuan, Khanh Hoa, Thua Thien Hue, Ha Tinh, Thanh Hoa, Thai Binh and Nam Dinh to develop industrial parks and urban centers market and services.
Currently, Binh Duong has 29 concentrated industrial parks with a total land area of nearly 13,000 hectares, the average occupancy rate is over 90%. Together with Ho Chi Minh City, Dong Nai, Ba Ria - Vung Tau, forming a quadrilateral area. The South contributes more than 91.7% of the region's total budget revenue and 37% of the country's total budget revenue.
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