The session was attended by Mr. Mai Hung Dung – Standing Vice Chairman of the Provincial People's Committee (PPC), Mr. Pham Ngoc Thuan – General Director of Becamex IDC, representatives of leaders of the provincial departments and branches, leaders of businesses and investors.
Develop a sustainable investment environment
Sustainable development of the investment environment is one of the important factors in combining reasonably and tightly factors of the economy, society, and environment. From there, a new perspective of business and production activities will be opened, and it is ensured that the natural ecosystem will not be harmed. We need to prevent and enhance the "resistance" of the province, especially those provinces where industry is the main driving force of development and has a large economic openness like Binh Duong.
After a long period since the re-establishment of the province, Binh Duong has effectively transformed the economic development model towards industry-urban-service with 29 industrial parks and 12 industrial clusters in operation, and it proves the success of the policy of "spreading a flower mat to welcome investors" along with the determination and companionship with the province's businesses. Binh Duong is continuously in the leading group of the country in attracting investment and rapid growth with high quality in most economic sectors creating a large source of revenue for the province's budget.
Overview of the special session
In that situation, the work of creating a business environment and attracting investment is always paid attention to by Binh Duong province. Until now, Binh Duong has ranked third in the country (after Ho Chi Minh City and Hanoi) in attracting foreign investment capital with 4.266 projects with a total registered capital of about 40.6 billion USD. The number of registered enterprises in the area is currently about 67.613 with a total registered capital of about 743.000 billion VND.
Sharing Binh Duong's future development orientation, Mr. Mai Hung Dung – Standing Vice Chairman of the PPC said that in recent years, the province's economy has been greatly affected by political conflicts in Western countries, and the supply chain of goods has been disrupted due to increasing strict standards of import and export in many markets. However, Binh Duong province is always consistent with the viewpoint "The difficulties of businesses are also the difficulties of the Provincial Government, and the success of businesses is the success of the province, too". From there, it is necessary to constantly pay attention and take many measures to remove difficulties and obstacles for businesses, however, this is only a temporary measure.
To help the province promote its potential and advantages in the Southeast region, Mr. Mai Hung Dung – Standing Vice Chairman of the PPC said that the province is creating a fair investment environment with high advantages compared to other provinces, and the province will promote internal potentials and resources in the following years and the coming period. The province focuses on maximizing the potential and development advantages associated with the 4 economic growth drivers.
Delegates attend the special session
It is necessary to promote the potential and advantages of geographical location, promote regional connectivity, and focus on cooperation and development with provinces in the region, especially bordering localities such as Ho Chi Minh City, Dong Nai, and Binh Phuoc to create a unified economic space, overcome bottlenecks, mobilize maximum resources from all economic sectors, combine capital between the Central and localities, promote the attraction of FDI projects, and take advantage of ODA capital, private capital and other legal capital sources to develop economic, socio-cultural, information technology and urban infrastructure. The aim is to focus on developing the province's key transport infrastructure such as Ring Road 3, and Ring Road 4 projects, Ho Chi Minh City - Chon Thanh Expressway, etc., and to connect localities in the Region to the airport (Tan Son Nhat, Long Thanh), seaport (Cai Mep - Thi Vai). Besides, it is necessary to develop Song Than station (Di An) into a key freight transportation center of the Southeast region, and goods transported by railway from Binh Duong will connect with China and other regional and international countries.
At the same time, industrialization and modernization are developed to associate with the development of a new industrial-urban service model.
In addition, Binh Duong province has been implementing a strategy to develop Smart Cities and Innovation Regions. In particular, the key development orientation is the fields of innovation, application of industrial achievements 4.0, smart management, and sustainable development.
Mr. Mai Hung Dung – Standing Vice Chairman of the PPC delivered a speech at the Special Session
Another priority direction is developing transport infrastructure to motivate direct investment into the province's overall economy. In the new stage, the province focuses on building a cross-border logistics center (Binh Duong New City) connecting to Long Thanh International Airport and International Transshipment Ports in Ba Ria - Vung Tau province and Ho Chi Minh City. It needs to strongly and synchronously develop the national logistics system, identify Song Than station as the international intermodal freight transit center of the entire South (rail transport), and connect with important economic corridors and Inter-regional trade routes from Ho Chi Minh City - Long Thanh, Nhon Trach (Dong Nai) - Phu My (Ba Ria - Vung Tau). It is necessary to complete the transport infrastructure system connecting trade with international border gate economic zones in Tay Ninh and Binh Phuoc provinces.
In the trend of globalization and international integration, an economy that wants to grow quickly and at a high level must rely on at least three basic pillars: applying new technology, developing modern infrastructure, and improving the quality of human resources. In particular, the most important driving force of sustainable economic growth is people, especially high-quality human resources. That means people who are invested in development, skills, knowledge, workmanship, experience, and creative capacity to become "a source of capital - human capital". The province has focused on training and developing high-quality human resources and creating a synchronous economic development with pillars of economy - society - environment.
"The world's development trends are always changing and constantly updated, therefore, to make Binh Duong a place with a stable production and business environment, healthy, open and transparent investment activities, and sustainable development in the future. I look forward to receiving consensus among all levels, sectors, the business community, and dynamic and modern investors together to build Binh Duong province into a place worth living, civilized, sincere" - Mr. Mai Hung Dung - Standing Vice Chairman of the PPC emphasized.
Transform the industrial park model to suit the trend
At the meeting, representatives of Becamex IDC presented Binh Duong's potential in the industrial development and innovation ecosystem. Accordingly, from 2016 to 2021, many activities to promote science and technology to serve the Smart City Project have created advantages in many aspects of society.
Industrial Park of Science and Technology is considered a model that seamlessly integrates the functions of industrial parks, science and technology parks, and university clusters combined with livable urban development to attract high-quality human resources. The goal of the Industrial Park of Science and Technology is to develop an innovative ecosystem and to create conditions to promote knowledge, technology, and innovative ideas to create new means of production to apply in businesses.
Representative of Becamex IDC introduced the innovative ecosystem of Binh Duong
The Singapore model startup support center - Block 71 SG invested by the National University of Singapore and Becamex Corporation is located in Ho Chi Minh City. It helps to connect the innovative startup ecosystem in two localities and to create a premise to connect ecosystems globally.
During the Special Session, businesses asked questions related to Binh Duong's investment environment as well as the orientation for building industrial parks in the near future. At the same time, it is hoped that when Chinese businesses come to Binh Duong to invest, they will have high-quality human resources to meet the needs of businesses.
Businesses asked questions about Binh Duong's investment environment at the Special Session
To attract industrial parks in the direction of greening, Mr. Nguyen Ba Khai - Vice Head of the Binh Duong Industrial Zones Authority said that in the coming time, the work of attracting investment into the province's industrial parks will have a shift towards specialization, ecology, and intelligence to create new attraction. Therefore, existing industrial parks and new industrial parks need solutions to improve competitiveness and attractiveness to take advantage of increasing demand.
Mr. Pham Ngoc Thuan - General Direction of Becamex IDC delivered a speech at the Special Session
From the perspective of an industrial park developer, Mr. Pham Ngoc Thuan - General Director of Becamex IDC said that in the direction of innovating the development model of Becamex, the smart-ecological industrial park is considered one of the important and inevitable new ecosystems to complement the existing Industry - Urban - Service model and also to support investors best.
"It is necessary to upgrade existing industrial parks to become smarter. With the ability to provide 4.0 technology platforms such as artificial intelligence, big data, etc., that helps businesses easily convert to the smart factory model, smart production to increase labor productivity" - Mr. Pham Ngoc Thuan - General Director of Becamex IDC affirmed.