At the meeting, Vice Chairman of the PPC Nguyen Loc Ha gave an overview of the socio-economic development situation of Binh Duong province along with potentials, strengths and distinct advantages. With an open and attractive investment environment, Binh Duong is always among the leading provinces and cities nationwide in terms of attracting foreign direct investment. Accumulated in the first 6 months of 2022, the province has attracted 2 billion 530 million USD. Among the countries and territories investing in Binh Duong, Japan ranks second with 335 projects and a total investment capital of nearly 6 billion USD, investing mainly in the field of manufacturing electronic components, electronic circuits and chips, automobile assembly, iron and steel, supporting industries, etc.
Vice Chairman of PPC Nguyen Loc Ha receives Mr. Saotome Jun - Director of Southeast Asia Division, Southeast Asia Department of JICA Headquarters
Recently, with the support of JICA's ODA, Binh Duong province has invested to complete the South Binh Duong water environment improvement project phase 1 and phase 2 with a total investment of 5,753 billion VND, solving problems drainage and domestic water treatment in urban areas Thu Dau Mot and Thuan An city. In order to take full advantage of regional linkages, Binh Duong has been implementing transport infrastructure projects connecting the hub of Long Thanh International Airport in Dong Nai province, Cai Mep seaport in Ba Ria - Vung Tau province, expressway connecting Binh Phuoc province, etc. creating a premise for comprehensive logistics and TOD development (urban development model oriented to public transport).
Vice Chairman of PPC Nguyen Loc Ha presents a gift to Mr. Saotome Jun
To facilitate smooth logistics development from IPs to airports and seaports; developing urban projects in Binh Duong New City and TOD projects on the My Phuoc - Tan Van route researched and developed by Tokyu Group, Binh Duong province proposed the Japanese Government and JICA to pay attention and assist in arranging ODA capital and speeding up the implementation of 03 projects with a total loan of 543 billion Yen, including projects: building urban railway line No. 01 in Binh Duong province connecting urban railway line No. 1 in Ho Chi Minh City from Suoi Tien terminus to Binh Duong New City; renovating the provincial public transport infrastructure and the Bau Bang - Thi Vai - Cai Mep industrial railway with a length of 127.45km.
Delegates take a souvenir photo
Thanks to the warm welcome of Binh Duong province's leaders, Mr. Saotome Jun expressed his impression of the province's positive development in recent years. He acknowledged and supported Binh Duong's proposals and recommendations for transport and urban infrastructure development projects in the province. In the coming time, JICA will continue to focus on investment projects in the province, quickly promoting projects to facilitate socio-economic development for Binh Duong in the coming period. With the projects proposed by the province, depending on each related project, JICA will coordinate to organize specific working sessions to develop the project implementation plan as soon as possible.
Reported by Doan Trang- Translated by Thanh Tam