Binh Duong Province issues investment approval decisions and investment registration certificates to 23 projects

On the afternoon of January 2, 2025, the Provincial Ethnic Affairs Commission held a ceremony at the Provincial Convention and Exhibition Center to issue investment approval decisions and investment registration certificates to 23 companies investing in Binh Duong.

Participants in the meeting included: Mr. Wu Wenming, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee; leaders of various departments, branches, localities and enterprises.

Mr. Vu Van Minh, Chairman of the Provincial People's Committee, delivered a speech at the opening ceremony, thanking investors for choosing Binh Duong for investment and development. In 2024, Binh Duong Province continues to consolidate its position as the most attractive investment destination in Vietnam.
With a favorable business environment, active support from the government and enterprises, and an ever-improving infrastructure system, the province has attracted a large amount of investment capital from domestic and foreign enterprises. This achievement has made an important contribution to social and economic development, and has also created momentum for the province's continued rise regionally and internationally.

Chairman of the Provincial People's Committee Vu Van Minh hopes that investors will continue to work with the province to achieve the goal of double-digit growth in 2025 and beyond. In order to continue to be a potential destination for investors, in addition to promoting infrastructure construction and significantly improving the investment environment, Binh Duong Province has always created favorable conditions for the manufacturing industry.

At the ceremony, provincial leaders issued investment approval decisions to 20 projects and investment registration certificates to 03 projects, with a total registered investment amount of more than 1.6 billion US dollars. Among them, projects with higher investment amounts include QP Township Joint Stock Company, with an investment amount of more than 380 billion VND; Bei Binh Duong Real Estate Joint Stock Company, with assets exceeding 370 billion VND; Vinh Phu National Housing Organization Co., Ltd., with assets exceeding 340 billion VND; Tan Viet Phat Real Estate Joint Stock Company, with an asset scale exceeding 320 billion VND…

Regarding power projects, Binh Duong Province also issued a decision to the National Electricity Transmission Company on the approval of the investment policy for the 220kV Ben Cat 2 substation project and its connecting lines, with an investment of more than VND1.1 trillion. The National Electricity Transmission Company's 220kv Binh My substation and connection project, with an investment of VND441 billion; the Southern Electricity Company's 110kV to 220kV Xin Dinh 2 station renovation project, with an investment of VND247 billion.

Regarding industrial zones, the provincial leadership decided to invest in the technical infrastructure of An Tien Industrial Co., Ltd. to expand the 360-hectare RACHBAP industrial zone at a total cost of VND 1 trillion.

Investment registration certificates were issued to 03 domestic investment enterprises with a total investment of VND573 billion. Specifically: Quan Phat Printing Co., Ltd.'s project to produce corrugated paper, corrugated board, paper and board packaging in VSIP III Industrial Park (Tan Nguyen City) with an investment of VND150 billion; Farina Food Co., Ltd.'s food production project (premixed flour, butter, cheese, cake fillings) with an investment of VND170 billion, located in VSIP III Industrial Park, Tan Li Township, Bac Ninh County. Vista Investment and Trading Co., Ltd.'s factory leasing project in Shenlang 3 Industrial Park, Thu Dau Mot City, with an investment of VND253 billion.

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Binh Duong Province issues investment approval decisions and investment registration certificates to 23 projects
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Binh Duong Province issues investment approval decisions and investment registration certificates to 23 projects
Binh Duong Province issues investment approval decisions and investment registration certificates to 23 projects