BÃ u BÃ ng Industrial Park
According to the announcement, the scope of the study encompasses the entire administrative boundary of Bau Bang district, spanning an area of 34,002.11 hectares. This includes Lai Uyen town and six communes: Cay Truong II, Hung Hoa, Lai Hung, Long Nguyen, Tan Hung, and Tru Van Tho. The district is strategically bordered by Chon Thanh town in Binh Phuoc province to the north, Ben Cat city to the south, Phu Giao district to the east, and Dau Tieng district to the west.
The planning horizon spans a short-term period until 2030 and a long-term vision until 2040. The projected population size for Bau Bang district is approximately 320,000-350,000 people by 2030 and is expected to reach 480,000-500,000 people by 2040.
The regional construction planning project for Bau Bang district aims to materialize the master plan of Binh Duong province for the period of 2021-2030, with a vision towards 2050. It also aligns with the socio-economic development orientations of Bau Bang district and the goal of building new-style rural districts in the province. Among these, Bau Bang district is directed to fulfill the criteria for a new-style rural area, laying the groundwork for subsequent phases to achieve the standards of a type III city and aspiring to become a provincial town.
In parallel, the study focuses on orienting the regional development of the district, including economic zoning, urban and rural settlement systems, and arranging social and technical infrastructure that corresponds to the district’s socio-economic development phases. This is done while considering the region’s relationship with the provincial area and surrounding areas. The outcomes will serve as a foundation for implementing urban planning and construction, identifying priority investment projects, and managing urban areas, as well as rural residential areas, industrial zones, tourism hubs, and the specialized technical infrastructure network to ensure harmonious and synchronous development.
Bau Bang district is envisioned to develop in the direction of industry-service-agriculture, with a priority given to the growth of industrial and service sectors. In the future, it aspires to become the “Innovation and Industry Center” in the northern region of Binh Duong province.
Currently, Bau Bang serves as the northern gateway of Binh Duong province, connecting to Binh Phuoc province and the Central Highlands region via National Highway 13. It is the northern economic zone of the province, exhibiting mutual influence and integration with the economic space of Dau Tieng district, Phu Giao district, and Ben Cat city. The area is designated for multi-sector industrial development, particularly in agro-forestry processing, as well as the establishment of a complex of cultural, sports, healthcare, educational, regional-level commercial and service centers, eco-tourism, and historical tourism attractions. The urban area of Bau Bang is poised to attain the standards of a type III city and evolve into a provincial town in Binh Duong province.
A notable aspect of Bau Bang district’s economy is its success in attracting foreign investment.
In the first nine months of 2024, Bau Bang district attracted 36 new investment projects, including two domestic projects with a total registered capital of nearly VND 43 billion and 34 foreign-invested projects with a total registered capital of nearly USD 59 million. Additionally, 11 foreign-invested projects registered for capital increase, amounting to USD 286.146 million. As of now, there are 1,499 investment projects in the district, comprising 1,216 domestic projects with a total registered capital of over VND 32,535 billion and 283 foreign-invested projects with a total registered capital of over USD 4.6 billion.
With this cumulative capital, FDI in Bau Bang district surpasses that of 39 provinces nationwide, including well-known destinations such as Khanh Hoa (USD 4.437 billion), Nam Dinh (USD 4.272 billion), Thua Thien Hue (USD 4.167 billion), Binh Thuan (USD 3.876 billion), and Can Tho (USD 2.219 billion).
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