Binh Phuoc Promotes Investment With Thai Partners

04/21/2022

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BPO - The online investment promotion seminar with Thai partners, co-organized by the People's Committee of Binh Phuoc province in collaboration with Becamex Binh Phuoc Infrastructure Development Joint Stock Company, took place this afternoon on April 21. The event has received significant interest and high appreciation from managers and investors from Thailand.

At the Binh Phuoc gateway, the event was attended by Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee - Mrs. Tran Tue Hien; Mr. Pham Ngoc Thuan, General Director of Becamex IDC Corporation; Mr. Nguyen Thanh Nha, General Director of Becamex Binh Phuoc Infrastructure Development Joint Stock Company, as well as leaders of relevant departments and sectors.

The seminar was also attended by Ms. Wi-ra-ka Mood-hi-ta-porn, Consul General of Thailand in Ho Chi Minh City, and Mr. A-pi-chit Pra-so-prat, Vice Chairman of the Thai Chamber of Commerce. 

Speaking at the seminar, Chairman of the People's Committee of Binh Phuoc Province, Mrs. Tran Tue Hien, stated that in recent years, Binh Phuoc has actively invested in the development of modern and synchronized technical infrastructure, and has built a relatively complete system of internal and inter-regional transportation connections. This is indeed a favorable condition to further enhance foreign investment attraction, especially from investors coming from Thailand. 

At the seminar, Binh Phuoc received high praise from managers and investors, especially those who have implemented projects in the province and experienced Binh Phuoc's investment conditions. This was reflected in various presentations such as "Investment Advantages in Binh Phuoc from the Perspective of Thai Investors," "Binh Phuoc - the Main Gateway to the Global Market," and "Binh Phuoc - the Best Industrial Zone for Investment"...

With advantages in infrastructure, labor market, raw materials, geographical location, especially favorable policies, Binh Phuoc is an attractive destination for investors. Binh Phuoc is also committed to accompanying investors through the "4 goods" foundation: good infrastructure, good workforce, good policies, and good public services.

Binh Phuoc currently has 13 industrial zones covering a total area of over 6,000 hectares, which have been fully invested in infrastructure and are in operation, along with 8 industrial clusters spanning 380 hectares. To meet the economic development and investment attraction needs by 2030, Binh Phuoc plans to continue new planning and expand some industrial zones, totaling around 10,600 hectares. Among them, the Becamex - Binh Phuoc Industrial Zone alone covers a total area of 2,449 hectares, with an estimated investment capital of around USD 1 billion. This industrial zone is built on a large and modern scale, with highly favorable infrastructure conditions for investors.

The province has attracted 350 foreign-invested projects with a total investment capital of USD 3.346 billion from various countries and territories worldwide. Among these, there are 24 projects from Thai investors with a total investment capital of USD 375.5 million. The primary investment areas are livestock farming, processing products from livestock and poultry, and the production of animal feed. Binh Phuoc has become a preferred location for leading Thai conglomerates in the livestock industry, such as the C.P Group and ThaiFood Group (operating in Vietnam as Thai Viet Corporation). These conglomerates trust Binh Phuoc as the ideal site for establishing a production chain in the livestock industry, including farm systems, animal feed production plants, slaughterhouses, and processing facilities for livestock and poultry products. Moreover, the CPV Food production chain of the C.P Group has made a significant investment of nearly USD 200 million in the region.

According to Quang Xuan - Quoc Viet

Binh Phuoc Radio - Television Station and Newspaper: baobinhphuoc.com.vn