Binh Duong promotes to attract investors from Europe

On December 9, Binh Duong Provincial People’s Committee held an investment promotion conference with the European market in 2021, an investment opportunity for international investors in the new normal.

Attending at Binh Duong bridge were leaders of Binh Duong Provincial People’s Committee; Mr. Alain Cany, President of the European Business Association in Vietnam (Eurocham Vietnam); leaders of departments, divisions and branches; representatives of the Management Board of the Provincial Industrial Parks; Becamex IDC Corporation; WTC Binh Duong Company Limited and European enterprises in Binh Duong.

At the conference, Standing Vice Chairman of Binh Duong Provincial People’s Committee Mai Hung Dung said that by mid-December, Binh Duong had attracted 2 billion USD in foreign investment, ranking second in the country in terms of investment capital. this year.

Specifically, Binh Duong has attracted 64 new projects, 24 capital adjustment projects and 161 investment projects in the form of capital contribution or share purchase. Up to now, the province has 4,011 investment projects from 65 countries and territories with a total registered capital of 37 billion USD.



According to Mr. Dung, in 2021, despite facing many challenges due to the COVID-19 epidemic, the index of industrial production (IIP) 2021 is estimated to increase by 4.5% compared to 2020. Export turnover is estimated at $31.5 billion, up 13.5%. Import turnover is estimated at 24.6 billion USD, up 14.7%. The province’s trade surplus in 2021 will reach $6.8 billion.

Alain Cany, President of Eurocham Vietnam said: “Binh Duong was chosen by us as one of the three most important localities because of its favorable geographical location, complete transport infrastructure, and a very favorable investment environment. good for EuroCham to strengthen cooperation. Binh Duong’s close and friendly leadership is a strong point that helps many businesses have clear beliefs for long-term cooperation, “said Mr. Alain Cany.

Up to now, the COVID-19 epidemic is under control, many European businesses have reopened with operating capacity of 80-100%. Binh Duong is one of the leading localities in flexibly adapting and promptly controlling COVID-19 for economic recovery; continue to build the image of a safe investment location for investors; including European investors. The conference is an opportunity to find solutions and ways to join hands to support the restoration of production, increase the capacity of cooperation to recover and develop the economy together, the President of Eurocham Vietnam assessed.

Gabor Fluit, General Director of De HEUS Asia, said that the reason why businesses have chosen to invest in Binh Duong since 2008 is because they see many development opportunities here. Binh Duong meets the following conditions: near seaports, airports and close to City. Ho Chi Minh. Up to now, the business has always maintained stable operation and development.

“Binh Duong province also has a new strategy to orient development towards the trend of urban – industrial and smart production. This is an important goal to help businesses believe in continuing to invest in Binh Duong”, General Director De HEUS Asia director shared.



At the conference, leaders of the Department of Industry and Trade, the Department of Planning and Investment, the Department of Science and Technology and representatives of European businesses in the province exchanged and discussed orientations to attract investment in the high-tech industry. into the province.

According to Director of Binh Duong Department of Industry and Trade Nguyen Thanh Toan, Binh Duong has entered a new phase with the structure in the coming time giving priority to attracting investment in high-tech, environmentally friendly sectors and fields. labor intensive, creating high added value; financial services, logistics; supporting industries, high-tech agriculture and especially attracting investment in the Science and Technology Industrial Park on the 4.0 technology platform from developed countries, the world’s leading potential partner with the modern management, high-tech industry.

Vice Chairman of the Trade Department of Binh Duong Province Mai Hung Dung said that the investment promotion program with Europe is an opportunity for investment cooperation and the provincial government is committed to always accompanying, supporting and always creating favorable conditions for revenue collection. most favorable for foreign investors; including European partners.


Source: Bao Tin Tuc