On the morning of March 4, in Canh Vinh commune, Van Canh district, Binh Dinh province, Chairman of the National Assembly Vuong Dinh Hue attended and performed the button pressing ceremony to inaugurate the Industrial Park, Urban Area, and Service of Becamex VSIP Binh Dinh Phase 1.
At the inauguration ceremony, Chairman of the National Assembly Vuong Dinh Hue and Deputy Prime Minister Truong Hoa Ha presented flowers to congratulate the project’s investor and witnessed the signing of a memorandum of understanding on investment cooperation between Becamex Binh Dinh and its partners, with a total value of nearly 50 million USD.
In his speech at the inauguration ceremony, Deputy Prime Minister Truong Hoa Ha assessed that this is a very significant event in promoting the industrialization and urbanization process of Binh Dinh province and turning Nhon Hoi Economic Zone into a dynamic coastal economic zone.
The province of Binh Dinh’s development plan by 2030 with a vision to 2050 has identified a fast and sustainable development perspective based on promoting green transformation, digital transformation, and spatial development transformation.
The goal is to develop Binh Dinh into one of the processing and manufacturing centers in the South Central Coast region; a major center of science and technology, innovation, and the development of the marine economy in the country; a national and international tourism focal point to enhance the advantages of Binh Dinh’s economy, natural conditions, and its unique socio-economic characteristics.
Nhon Hoi Economic Zone has been identified as a multi-industry and multi-sector economic zone, with a focus on tourism, services, urban areas, industries, seaports, renewable energy, and aquaculture; a high-growth and comprehensive linkage with the overall development of Quy Nhon city and its surrounding areas; a center for science and technology, innovation, and the important application of artificial intelligence in Vietnam; a major tourist center in the country.
Started in September 2020, Becamex VSIP Binh Dinh Industrial Park, Urban Area, and Service is a combination between Becamex IDC Corporation and VSIP Group; located in Canh Vinh commune, Van Canh district, Binh Dinh province. The overall plan covers 1,374 hectares with a total investment of over 7,500 billion VND, belonging to zone 7 of Nhon Hoi Economic Zone, including 1,000 hectares of industrial park and 374 hectares of resettlement areas, residential areas, commercial and service areas.
Deputy Prime Minister Truong Hoa Ha emphasized that Becamex VSIP Binh Dinh Industrial Park, Urban Area, and Service is a very new model, requiring a systematic and synchronized approach with a digital and green transformation mindset and must comprehensively solve the relationship between economic development and environmental protection.
Especially, it must implement the principle of maintaining a harmonious environment with the natural ecosystem and environmental sanitation. This is the world’s choice of transformation. Therefore, Deputy Prime Minister made it clear that this is the orientation and prerequisite for the development of concentrated industrial-urban-service areas.
Deputy Prime Minister called for a mindset shift and a digital transformation approach, green infrastructure for leading enterprises in the field of industrial park infrastructure development investment. Regarding industrial development, Becamex and VSIP need to be pioneers in this transformation and need to establish their own new criteria, as a basis for choosing green and clean technologies, eco-friendly industrial zones.
The industrial park must be a place for research, application of innovative and creative science and technology. Therefore, the criteria for selecting investors must be investors with green and clean technologies, committed to transformation and technology transfer; investing in research and deployment here.
In addition, the industrial park must not exceed the standard emissions into the environment, solid waste must be treated and recycled. Planning and investment in the development of urban areas associated with industry need to aim for green, smart, sustainable, and distinctive urban areas with synchronized infrastructure.
High-quality human resources are an attractive factor for investors. The province needs mechanisms and policies to attract and mobilize human resources to create new motivation, create an attractive living environment, and meet the diverse requirements of experts and scientists.
Deputy Prime Minister requested Binh Dinh to value administrative reform, improve the investment environment, and accompany and support the business community. In particular, the province needs to promptly implement the approved provincial planning to promote and introduce it to businesses and investors.
Together with the Government, Binh Dinh needs to propose important projects in regional and intra-regional connectivity; continue to improve connectivity, including international air transportation, international seaports, railways, including the East-West Economic Corridor, National Highway 19 – this is the international gateway connecting Binh Dinh, Central Highlands provinces, and Cambodia. If implemented successfully, Binh Dinh has the mission of connecting this region with the world.
Chairman of Binh Dinh Provincial People’s Committee Pham Anh Tuan pledged that Binh Dinh province will create the best conditions for the construction project to be completed, ensuring progress and the set plan, while ensuring a positive investment environment in the locality for secondary projects in the Industrial Park, Urban Area, and Service of Becamex VSIP Binh Dinh as well as investment projects in the province to be supported and implemented quickly, with favorable operation and the highest efficiency.
The Industrial Park, Urban Area, and Service of Becamex VSIP Binh Dinh project have a scale of 1,425 hectares in Canh Vinh commune, Van Canh district, belonging to Nhon Hoi Economic Zone, with a total investment of about 300 million USD, of which Becamex Industrial Park has an area of 1,000 hectares, with a registered capital investment of 150 million USD.
The priority areas for attracting investment focus mainly on industries and sectors such as textile and garment, food, woodworking, fine art stone, animal feed processing, and industries operating in high-tech and environmentally friendly sectors.
The project also aims to develop high-quality urban areas and commercial services, with quality infrastructure, modern, and full of utilities including schools, hospitals, and commercial service centers.
In particular, the project will help Binh Dinh gradually form an industrial belt of the province (Van Canh – An Nhon – Phu Cat) connected to Phu Cat Airport urban area and soon realize the orientation of becoming a major logistics center of the country according to the province’s 2021-2030 planning, with a vision to 2050 approved by the Prime Minister.
So far, the project has completed Phase 1, with a total area of over 230 hectares planned in a modern and environmentally friendly manner. The project also plans to build housing for employees, with the ability to accommodate and ensure housing for about 2,500 people, to create a competitive advantage and provide comprehensive and ready-made solutions to attract secondary investors.
Currently, Becamex Binh Dinh has successfully attracted 4 FDI projects with a total area of 53 hectares and a total investment of 96 million USD (including investors from Germany, Hong Kong (China), South Korea, and the Netherlands).
