Breakthroughs in Binh Duong New City development

The project is run by Becamex IDC, a leading industrial and urban development corporation which has seen success with the My Phuoc industrial park and a series of Vietnam-Singapore industrial parks across Vietnam. After three years of implementing the project, Becamex IDC has changed the facelift of Binh Duong remarkably.

Mai Hung Dung, Vice Chairman of the Binh Duong provincial People’s Committee, said “We have communicated the goal of developing Binh Duong into a smart city among local residents, businesses, and vocational training facilities. We have cooperated with local universities in promoting research, launching new products following market demands, and establishing laboratories. State management agencies have advised us on how best to integrate smart city models toward sustainable development.”

Famous architects inside and outside Vietnam have been engaged in major projects in the Binh Duong New City, which is expected to become an international gateway for trade and services exchanges and the world’s most advanced technology.

Economists praise the Binh Duong New City for its strategic location. It lies at the junction of Ho Chi Minh City’s belt roads and at the center of routes linking north and south of Binh Duong province playing an important role in the development of Vietnam’s southern economic hub. With rapid development of the industrial and service sectors and upgraded infrastructure, the Binh Duong New City has become central to the local development.

Vice Chairman Dung further elaborated “We plan to develop science-technology industrial parks into smart industrial parks to gather technological enterprises, IT application enterprises and enterprises that produce semi-conductors used in smart city building. We are upgrading our transportation infrastructure and linking  ports with roads and railways. These are among Binh Duong’s major plans.”

Becamex IDC has worked closely with the local administration and implemented numerous initiatives to create breakthroughs for the Binh Duong New City project.

Nguyen Van Hung, General Director of Becamex Binh Duong told VOV “We are upgrading the railway system, called smart My Phuoc – Tan Van route, linking industrial parks, sea ports, and international airports. This is an important project which will bring yield major benefits once completed.”