Industrial parks that meet investors’ various demands and the newly opened administration centre are also said to be magnets for investment. Additionally, another investment attraction channel is through businesses running in the province that have updated their partners about local conditions.
From now to 2030, Binh Duong will build industrial parks covering thousands of hectares. It will also step up training a quality workforce to satisfy the demand of technology projects.
With 216 projects totalling over $4.6 billion, Japan is leading the 39 countries and territories investing in Binh Duong. Each Japanese project has an average investment capital of $21.3 million, the highest level among foreign-invested projects in the industrial sector.
The provincial People’s Committee considered Japanese investors as trustworthy partners, whose projects suit Binh Duong’s preferences such as transport, technology and electronics.
CEO of Japan’s Saitama Agata Bank Suzuki Tsutomu attributed Viet Nam’s favourable investment environment to a stable political situation and an abundant and capable young workforce, which have encouraged Japanese investors to come to Viet Nam and Binh Duong in particular.- VNA