Binh Dinh Is Active in Calling for Investment

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Thanks to the early approval of planning and proactive in calling for investment, for many years, Binh Dinh has caught the eye not only of investors in the country, but also internationally to come and invest, set up company in Vietnam.

With its strategic geographical location and synchronous investment in infrastructure, Binh Dinh has become a reliable destination for investors.

Over the past time, the province has actively reviewed and adjusted the planning and developed strategic plans for development in each area; focus on expanding industrial development space, building new industrial zones and clusters, developing raw material areas with high economic value; proactively prepare well for infrastructure, especially land; accelerate the implementation of administrative reform, improve the investment and business environment.

In particular, Binh Dinh consistently implements the policy of selective investment attraction, giving priority to industries and projects using modern technology, high added value and making a great contribution to the state budget, environmentally friendly, use less labor, focus on electronics, processing and manufacturing.

Investment attraction has been and is a key solution for Binh Dinh province to accelerate economic growth. Therefore, solutions to improve the investment and business environment are identified as the key tasks of all levels and sectors.

In the coming time, the locality will continue to focus on inviting domestic and foreign investors with potential and strong brands to invest in key projects in key fields such as tourism – services, infrastructure. transportation, education, health, supporting industry, processing industry, seaport, high-tech agriculture, software production… Prioritize to attract projects with modern technology and friendly to the environment.

In addition, the locality will continue to focus on inviting major investors capable of attracting and promoting auxiliary projects, clean technology projects from Japanese, Korean, US and Western Europe partners… In addition, the administrative reform will continue to be improved, focusing on business registration, construction licensing, investment licensing, land allocation procedures…

Binh Dinh is considered to be a place that meets many conditions, from geographical location to transport infrastructure, including seaports, railways, airlines and Nhon Hoi Economic Zone, which enjoy outstanding mechanisms… This has helped the locality have many opportunities and great advantages to promote FDI attraction in the post-Covid-19 period.

Only in the last 4 months, large foreign enterprises want to pour capital into the locality such as: Mitsubishi Corporation considers building automobile factories; Hyundai Aluminum Vina Company hopes to invest in infrastructure of a high-tech industrial park in Binh Dinh and promises to attract about 60 Korean investors to produce and do business; Cammsys Company (Korea) wishes to cooperate in developing an electric car supply project; The German Group proposed to develop an offshore wind power park with a total capital of billions of USD…

Binh Dinh province is also focusing on the “dual mission” that is to prevent epidemics, develop socio-economic and well implement the key tasks set out.

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