(VOVWORLD) - Emerging as an industrial hub in southern Vietnam, Binh Duong province is taking the lead in improving business climate and increasing investment attraction. The Binh Duong New City is being built with the modern infrastructure to serve the local comprehensive, sustainable development.
The 1,000-hectare Binh Duong New City was approved by the Prime Minister to become a sophisticated and modern urban area of Binh Duong city by 2020.
The project is run by Becamex IDC, a leading industrial and urban development corporation which has seen success with the My Phuoc industrial park and a series of Vietnam-Singapore industrial parks across Vietnam. After three years of implementing the project, Becamex IDC has changed the facelift of Binh Duong remarkably.
The centralized administrative center of Binh Duong province is located inside the Binh Duong New City. (Photo: VNA) |
Mai Hung Dung, Vice Chairman of the Binh Duong provincial People’s Committee, said: “We have communicated the goal of developing Binh Duong into a smart city among local residents, businesses, and vocational training facilities. We have cooperated with local universities in promoting research, launching new products following market demands, and establishing laboratories. State management agencies have advised us on how best to integrate smart city models toward sustainable development.”
Famous architects inside and outside Vietnam have been engaged in major projects in the Binh Duong New City, which is expected to become an international gateway for trade and services exchanges and the world’s most advanced technology.
Economists praise the Binh Duong New City for its strategic location. It lies at the junction of Ho Chi Minh City’s belt roads and at the center of routes linking north and south of Binh Duong province playing an important role in the development of Vietnam’s southern economic hub. With rapid development of the industrial and service sectors and upgraded infrastructure, the Binh Duong New City has become central to the local development.
Binh Duong New City (Photo: VNA) |
Vice Chairman Dung further elaborated: “We plan to develop science-technology industrial parks into smart industrial parks to gather technological enterprises, IT application enterprises and enterprises that produce semi-conductors used in smart city building. We are upgrading our transportation infrastructure and linking ports with roads and railways. These are among Binh Duong’s major plans.”
Becamex IDC has worked closely with the local administration and implemented numerous initiatives to create breakthroughs for the Binh Duong New City project.
Nguyen Van Hung, General Director of Becamex Binh Duong told VOV: “We are upgrading the railway system, called smart My Phuoc – Tan Van route, linking industrial parks, sea ports, and international airports. This is an important project which will bring yield major benefits once completed.”
The National Highway 13 connects Binh Duong province with neighboring localities. (Photo: binhduong.gov.vn) |
The Binh Duong New City has become an administrative, economic and cultural center of Binh Duong province, offering all types of services and a comprehensive infrastructure system, with close connections to neighboring localities.