On September 26, during the Provincial Planning Announcement Conference, Binh Duong province granted investment approval and certificates of investment registration for eight projects, with a total registered capital of over 1.8 billion USD.
At the event, Binh Duong's People’s Committee awarded investment registration certificates for four key projects. These include a project by D.mag Vietnam Precision Technology Co., Ltd. (specializing in aluminum, steel, and metal production) with a capital of 120 million USD, and the second factory of Paihong Vietnam Co., Ltd. (fabric production), with an additional registered investment of 400 million USD.
Two more projects also received investment certificates: Sembcorp Binh Duong’s infrastructure service project (leasing warehouses and factories) with an investment of 51.5 million USD, and a project by Tektro Technology Vietnam Co., Ltd. (bicycle accessories manufacturing), with a total investment of 38 million USD.
In addition, four other projects were granted investment policy decisions. These include the Bac An Tay Urban Area Project, with an investment of over 451 million USD; the Dong An Tay Urban Area Project, with an investment of 550 million USD; the High-End Residential and Commercial Complex Project along the Saigon River, with an investment of over 141 million USD; and the ICD Rach Bap Dry Port Project, with an investment of more than 57 million USD.
Over the past years, Binh Duong has consistently been one of the top provinces in attracting investments due to its open and favorable business environment. In the first nine months of 2024, the province attracted more than 1.2 billion USD in foreign direct investment (FDI). To date, Binh Duong ranks third nationwide in FDI attraction, with over 4,300 active projects and total registered capital exceeding 41 billion USD, accounting for 8.5% of the country’s total FDI.
Following the announcement of the provincial plan for the 2021-2030 period, with a vision to 2050, Binh Duong aims to reorganize its territorial space, set comprehensive development and investment attraction strategies, and create momentum for strategic breakthroughs. This will be based on strong infrastructure, digital transformation, and sustainable, smart growth.