The Bau Bang Industrial Park in Bau Bang District, Binh Duong Province, spans an impressive 2,000 hectares, nearly four times the size of Hanoi’s Hoan Kiem District (approximately 529 hectares). This vast industrial area boasts 1,000 hectares dedicated to industrial development, with the remaining land allocated for services and urban areas.
Notably, the Prime Minister has approved the expansion of the Bau Bang Industrial Park by an additional 1,000 hectares, bringing its total area to an impressive 3,000 hectares. This expansion is currently underway, with infrastructure development attracting investors to the industrial park.
Location of Bau Bang Industrial Park
With the expansion, the enlarged Bau Bang Industrial Park will encompass approximately 900 hectares in Lai Uyen town and Cay Truong II commune (Bau Bang District), and about 100 hectares in Long Tan commune (Dau Tieng District). The project, undertaken by Becamex IDC Corporation, is expected to cost an estimated VND 3,500 billion.
The expanded Bau Bang Industrial Park is anticipated to be a game-changer in attracting foreign investment, particularly from large-scale manufacturers in the electronics, precision engineering, logistics, and auxiliary industries.
Bau Bang Industrial Park, along with other industrial parks in the district, enjoys a strategic geographical advantage with modern and well-developed infrastructure. Its proximity to major transportation arteries, including National Highway 13, My Phuoc-Tan Van road, and Bac Tan Uyen-Phu Giao-Bau Bang road, provides seamless connectivity to Ho Chi Minh City, Dong Nai, Long An, and the Central Highlands. This has created a strong pull factor for investors.
In addition to the Bau Bang Industrial Park, the district is also home to other industrial parks such as Cay Truong, Tan Binh, and Lai Hung, which are equally well-equipped with infrastructure and ready to accommodate investors.
A glimpse of Binh Duong Province (Photo: Ni Na)
According to the People’s Committee of Bau Bang District, the industrial parks in the area have presented significant development opportunities. They have catalyzed industrial growth, fostered urban development, and boosted trade and services, resulting in a remarkable average annual increase of over 21% in the district’s industrial production value in recent years.
In 2024, the industrial production value in Bau Bang District is estimated to surpass VND 42,800 billion, marking a 21.15% increase compared to 2023. During the year, the district attracted 41 new projects, including 3 domestic investment projects with a registered capital of over VND 191 billion and 38 foreign investment projects totaling USD 82.5 million.
As of now, the district is home to over 1,500 projects, comprising more than 1,200 domestic projects with a registered capital of over VND 32,500 billion and nearly 300 foreign-invested projects with a total capital of approximately USD 4.6 billion.
The Premier Directs the ‘Land-Scarce, People-Dense’ Province to Reclaim the Sea for Development Space
This creates a whole new arena for the province.
A Closer Look at the Roads Connecting Ho Chi Minh City and Ba Ria – Vung Tau
The current transport infrastructure between Ho Chi Minh City and Ba Ria-Vung Tau province is facing significant constraints. To enhance connectivity, it is imperative to expedite key projects and overcome these limitations.
“Billionaire Pham Nhat Vuong’s VINSPEED Registers to Invest in the High-Speed North-South Railway Project”
The project, with its completion envisioned for the year 2030, lays the foundation for a thriving railway industry and serves as a catalyst for new growth and development in the region.
Is Now the Time to Take Risks or Play it Safe?
The stock market has been receptive to positive news lately, with trade tensions easing and foreign investors returning. In this context, investors are advised to focus on stocks that have bottomed out and are far from correction territory.
The Urban Townhouse: A Surefire Cash Flow Equation in Lao Cai City Center
Located in the heart of the new Lao Cai city, surrounded by a cluster of four social housing apartment buildings housing 10,000 residents, HPX Golden Lao Cai is a business opportunity like no other. With three key infrastructure developments of national strategic importance on its doorstep, it presents an undeniable cash flow equation for 2025 and beyond.
