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Binh Duong – What does the 2nd largest industrial province nationwide have?

From 7 industrial parks (IPs) with an area of 1,603 hectares in 1997, up to now, Binh Duong has 33 industrial parks planned with a total area of 14,790 hectares. Of these, 29 industrial parks (12,662 hectares) have been established, of which 28 industrial parks (10,962 hectares) have come into operation with an occupancy rate of over 90.92%, the highest in the country.

Starting with 7 industrial parks (IPs) covering an area of 1,603 hectares in 1997, Binh Duong now has 35 IPs
Binh Duong now has 35 IPs with a total planned area of up to 14,790 hectares

With 3,052 active businesses operating within the IPs and being home to over 610 thousand workers, Binh Duong has become the province with the highest per capita income in the country.

Among the countries and territories investing in Binh Duong, Taiwan ranks first with 441 active businesses having total assets of VND132.13 trillion and net revenue reaching VND127.06 trillion.

The main areas of investment focus are Metal fabrication, Textile, Food processing, Plastic products, Paper, Wood & wooden furniture, Cosmetic chemistry... However, in recent years, New industrial parks have focused on attracting high-tech and in-depth industries (electronics, electrical equipment...)

Eastern Polytex (Taiwan) and P&G (USA) are large foreign corporations pouring capital into Binh Duong. Most recently, the LEGO project by the Pandora Group (Denmark) is a significant milestone in FDI inflow. According to the project plan, it is expected to start recruiting approximately 4,000 workers by early 2024.

Shortly, transportation in Binh Duong will be significantly facilitated by ongoing projects such as Belt Road No.3, Belt Road 4, the Ho Chi Minh City – Thu Dau Mot – Chon Thanh expressway, the extension of Metro Line No. 1 (Ben Thanh - Suoi Tien) from Suoi Tien station to Binh Thang ward (Di An City), the Bau Bang - Thi Vai - Cai Mep railway line,... As a result, investment capital flow into Binh Duong will be promising to soar further.

Source: (Business directory) List of companies in Industrial parks in Binh Duong of Vietdata



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