Binh Phuoc is a province located in the key economic region of the South, with an area of 6,873.56 km2 and a population of about one million. Binh Phuoc has a strategically advantageous position for industrial development. Evolving from a developmental reserve, Binh Phuoc has transformed into a driving force for the development of the key economic region in the South. In the context of complex economic developments both domestically and globally, Binh Phuoc's economy has overcome challenges, gradually recovered, and achieved significant and comprehensive results across various sectors. In the first six months of 2023, Binh Phuoc's economic growth (GRDP) is estimated to reach 7.27% (the highest in the Southeast region and ranking 14th nationwide).

In recent times, with a strong investment wave facilitated by breakthrough policies, Binh Phuoc is on its way to becoming a modern industrial center attracting foreign direct investment (FDI), with the Becamex Binh Phuoc Industrial Park being a focal project for the province. 

The Becamex Binh Phuoc Industrial and Residential Complex constitute a comprehensive business ecosystem to meet the increasing demands of investors, offering industrial and urban solutions along with creative innovations.

To generate development momentum for the Becamex Binh Phuoc Industrial and Residential Complex, the Industrial Park is chosen as the main driving force for development. The residential area has an urban character with comprehensive technical infrastructure and social infrastructure to meet the residential, recreational, and lifestyle needs of both direct and indirect labor force connected to the Becamex Binh Phuoc Industrial Park. 

With an ecosystem catering to the Industrial Park, including schools, vocational training centers, hospitals, sports and fitness centers, parks, commercial centers, and residential areas for workers; this ecosystem is strategically organized within residential areas to meet the accommodation, recreational, entertainment, and lifestyle needs of experts, direct and indirect labor force associated with the Industrial Park, creating a harmonious relationship between the residential and industrial parks.