The plan includes a total construction investment capital of VND 5.7 trillion, with the provision of leasing or subleasing 100-150 hectares of land. The objective is to attract 15,000 workers and achieve a total revenue of USD 35-40 billion.
The management board of Binh Duong province's industrial parks reported that there are currently 28 operational IPs in this area, with an impressive occupancy rate of over 93%.
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Singapore Industrial Park III (VSIP III) is the first new generation in Binh Duong province. |
This makes Binh Duong the locality with the highest IP occupancy rate in the entire country.
To date, Binh Duong's IPs have attracted 3,080 active projects. Among them are 2,400 foreign-invested projects with a registered capital of nearly USD 29 billion and 680 domestic projects with a registered capital of nearly VND 93.6 trillion.
For 2026-2030, the plan expands to 19 IPs, with a total land area of around 5,537 hectares. This includes the completion of the ongoing development of the IPs from the 2023-2025 period, covering an area of about 2,063 hectares, and the addition of nine new IPs, spanning 3,474 hectares.
These IPs will follow the "3-in-1" model, combining IPs, urban areas, and service areas. They will feature comprehensive and modern technical and social infrastructure.
The investment attraction for these IPs will be more focused and selective, emphasizing specialization, ecological considerations and smart developments.
Source: VNA