According to the Report on the Establishment and Development of Industrial Parks (IZs) and Economic Zones (EZs) of the Ministry of Planning and Investment, there are currently 291 industrial zones in the country that have been put into operation. In, 5 provinces and cities with the most active industrial zones include Dong Nai, Binh Duong, Ho Chi Minh City, Long An, and Bac Ninh. Dong Nai is currently the province with the largest number of operating industrial zones in the country, with 31 industrial zones.
The occupancy rate of industrial parks across the country is currently about 80%, especially in the southern provinces and cities, reaching over 85% of the total area.
According to Binh Duong Provincial People's Committee, the province currently has 31 industrial zones with a total area of 12,721 hectares, accounting for a quarter of the area of industrial zones in the whole South. Of these, 29 industrial zones have been put into operation with an occupancy rate of over 95%. With this occupancy rate, Binh Duong is the locality with the highest occupancy rate in the country.
According to the head of the Management Board of Binh Duong Industrial Parks, compared to the whole country, Binh Duong currently accounts for 9% of the number, 13% of the IP area, and has the largest IP area in Vietnam.
According to the Management Board of Industrial Zones of Binh Duong province, the FDI sector continues to be the leading force, making a great contribution to budget revenue and actively contributing to technology transfer, job creation as well as training. skills for workers in the province in general and industrial zones in particular.
The industrial zones in operation in Binh Duong have built synchronous infrastructure and have been almost filled up. In fact, investors pouring capital into Binh Duong province to invest easily receive many advantages in linking the supply of input and export products thanks to the advantages of logistics and linkages of industrial zones.
Specifically, to attract investment, the province focuses on developing a synchronous transport structure. Many roads are invested in and built, helping to connect the inner city and surrounding areas. Typically, the province has widened National Highway 13 to solve congestion and ensure regional traffic connectivity.
Along with that, Binh Duong also invested in building each section of Ring Road 4 to connect with Ho Chi Minh City. Ho Chi Minh City and Dong Nai to facilitate inter-provincial logistics.
For many years now, Binh Duong has always been in the group of localities attracting the most FDI in the country. Most of the large enterprises investing in Binh Duong choose concentrated industrial zones.
The construction and development of a system of urban centers and industrial zones (IZs) in Binh Duong have always been interesting to the province and devoted a lot of resources to implementation. As a result, the province's position is increasingly enhanced, becoming one of the major industrial development localities of the country.
Accumulated up to now, Binh Duong is ranked second in the country (after Ho Chi Minh City) in attracting foreign investment, with 4,087 valid licensed projects, total registered investment capital of nearly 39.7 billion USD.
Among the countries and territories investing in Binh Duong, Taiwan (China) ranks first with 865 projects, with a total registered capital of more than 6.278 billion USD; Japan ranked second with 341 projects, total registered capital of 5.89 billion USD and Singapore ranked 3rd with 278 projects, total registered capital of 5.41 billion USD.
The field of investment focuses mainly on the processing and manufacturing industry with 3,541 projects, total investment capital of 29.16 billion USD. The real estate business ranked second with total registered investment capital of 7.36 billion USD.
Thanks to the strong development of industry and attracting FDI, Binh Duong has become the province with the highest per capita income in the country for many consecutive years. In the period 2002-2021, Binh Duong's average income is always in the top 5 in the country.
In 2002, the province's average income reached 0.504 million VND/person/month, ranking fourth in the country. In 2021, Binh Duong has a per capita income of 7.12 million VND/person/month, 1.8 times higher than the national average, up 1.71% compared to 2020. Thus, After 19 years, the average income of the province has increased 14 times.