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Thứ 5, Ngày 23/12/2021, 15:00
Warburg Pincus (US) will deploy a cross-border e-commerce project in Binh Duong
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23/12/2021

​PORTAL - On the morning of December 22, at the Provincial Exhibition and Convention Center, the Provincial People's Committee held a Teleconference on the cross-border e-commerce project with Warburg Pincus (US).

​​Attending at Binh Duong bridge point were Mr. Nguyen Van Loi - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Head of the Provincial Delegation of the National Assembly Deputies; Mr. Vo Van Minh - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Mr. Nguyen Van Hung - Board of Directors' Chairman of Becamex IDC; Mr. Pham Van Chanh - Member of Provincial Standing Party Committee, Chairman of Provincial People's Council; leaders' representatives of provincial departments, committees and branches.

At the US bridge point, there were Mr. Jeffrey David Perlman - Managing Director, Head of Southeast Asia, Warburg Pincus; Mr. Li Ting – General Director of BW Industrial Development Joint Stock Company (BW).​

 

Overview of the conference at Binh Duong bridge point

Speaking at the opening of the conference, Chairman of the Provincial People's Committee Vo Van Minh said that out of 65 countries and territories with investment projects in Binh Duong, the United States has invested in 128 projects with a total investment capital of more than 911 million USD. The main fields of investment are electricity, electronics, ceramic tiles, sanitary ware, furniture and interior decoration, cosmetics, sewing and embroidery, and export textile products, etc. The US enterprise community has made important contributions to the socio-economic development of Binh Duong province during the past time.

The Chairman of the Provincial People's Committee emphasized that today's teleconference is an opportunity for provincial leaders to listen to recommendations and suggestions and exchange, discuss, and improve the efficiency of investment cooperation projects in order to exploit opportunities and expand cooperation in many fields, better bring into play the potentials and strengths of the parties, and contribute to the socio-economic development of Binh Duong province.  

Mr. Jeffrey David Perlman - Managing Director, Head of Southeast Asia, Warburg Pincus introduced a few details about the Group's development in Vietnam and the cross-border e-commerce project. Accordingly, the project has a scale of 75ha in Binh Duong New City, including high-tech factories, extended air warehouses, cross-border e-commerce warehouse-division warehouse, bonded warehouse; existing factory area; VNTT data center; Showroom; office, etc.

Mr. Jeffrey David Perlman wished the province to create favorable conditions to soon complete the legal procedures to implement the project. This is one of the big strategic projects, the purpose is to build an integrated supply chain ecosystem, creating a highlight to attract investment and develop Binh Duong Smart City. With the importance of the project, he believed that the project implementation will elevate the position of Binh Duong in particular and Vietnam in general.

  

Secretary of the Provincial Party Committee Nguyen Van Loi speaks to conclude the conference

Concluding the conference, Secretary of the Provincial Party Committee Nguyen Van Loi thanked BW leaders for joining hands with Binh Duong province in pandemic prevention and control, building a quick field hospital to serve the treatment of Covid-19 patients. The Secretary emphasized that the cross-border e-commerce project is very important for the development of Binh Duong Smart City. The province is committed to creating all favorable conditions for the project to soon be successfully implemented.

Reported by Mai Xuan - Translated by Nguyen Trang

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