Binh Duong Province releases provincial plan for 2021-2030 and vision for 2050

(Construction) On September 26, Binh Duong Province officially held a meeting to announce the provincial plan for 2021-2030, the vision for 2050, and the provincial plan related to the promotion of advertising activities and investment promotion for the first ICF after a long period of preparation.

(Vietnamese Prime Minister Pham Minh Chinh handed over the planning decision to Binh Duong provincial leaders)

Member of the Political Bureau of the Central Committee and Prime Minister Pham Minh Chinh attended the meeting. Former President Nguyen Minh Triet and Deputy Minister of Construction Nguyen Viet Hung met with various ministries, central departments, local leaders, and former leaders of Binh Duong Province many times.

By 2030, Pingyang will become a centrally-administered municipality
On August 3, 2024, Deputy Prime Minister Tran Hong Ha signed Decision No. 790/QD-TTg, approving the Binh Duong Province Plan for the period 2021-2030, with a vision to 2050. ; It is one of the most dynamic comprehensive development centers in Southeast Asia; it is a leader in scientific and technological innovation, a center of modern industries and services; its socio-economic infrastructure system is synchronized with the urban system, and it is smart and sustainable.

(Binh Duong Province's "special" plan officially launched)

At the same time, by 2050, Binh Duong will become a modern industrial and service city center, a favorite destination for global companies in the fields of high-tech industries and industrial services, and one of the "locomotives" driving this development.

According to the approved plan, Binh Duong Province's borders include the entire existing administrative border area of the province, with a total natural area of nearly 2,695 square kilometers. The administrative units include 5 cities: Thu Dau Mot, Thuan An, Di An, Tan Uyen, Ben Cat and 4 counties: Bau Bang, Dau Tieng, Phu Giao, Bac Tan Uyen.

In the provincial plan, Binh Duong Province has set a target of an average growth rate of about 10% from 2021 to 2030, and a per capita GDP of about US$15,800 in 2030. In terms of economic structure, by 2030, industry and construction will account for 64%, services will account for 28%, and agriculture, forestry and fisheries will account for 2%. Binh Duong Province's goal is to achieve an urbanization rate of 8% to 90%, and a digital economy of 30% of GDP.

In terms of society, it is expected that the population of Binh Duong Province will exceed 4 million in 2030 (including about 3.5 million official population and about 500,000 converted population), the proportion of trained workers will be about 3.5 million, of which more than 40% have a degree, the school compliance rate will be more than 80%, there will be 19 doctors per 10,000 people, more than 95% of the population will participate in medical insurance, and the number of poor families will be less than 1%.

(8 typical projects with a total investment of USD 1.8 billion have obtained Binh Duong Province investment registration certificates)

In terms of resources and environment, the collection and treatment rate of urban solid waste has reached 99%, and that of rural areas has reached 95%. The collection and treatment of industrial solid waste and hazardous solid waste is guaranteed, and the urban environmental compliance rate has reached 100%. The collection and treatment rate of sewage has reached 100%, the clean drinking water rate of urban residents has reached 100%, and the rural area strives to reach 80%… The new generation of mobile network coverage ensures 100% 4G and 5G quality in residential areas and communities.

At this important event, Mr. Mai Hing Dung, Executive Vice Chairman of the People's Committee of Binh Duong Province, affirmed that through this plan, Binh Duong Province will eliminate many bottlenecks encountered in the development model of the previous period and set a new development goal. It is one of the most dynamic comprehensive development centers in Southeast Asia; it is a leader in scientific and technological innovation and a center of modern service industry; the social and economic infrastructure system and the urban system will develop synchronously, intelligently and sustainably according to the green growth model, adapt to climate change, and protect the ecological environment. Improve the quality of life of the people and build a well-off society; ensure national defense security and social order and safety.

At the same time, Binh Duong Province has established extensive and responsible development links with various places in the Southeast region, building the Southeast region into a vibrant development region and a leading center for national and Southeast Asian economy, finance, education, training, innovation and digital transformation.

(Mr. Mai Hung Dung, Executive Vice Chairman of the People's Committee of Binh Duong Province, pledged on behalf of the people of Binh Duong to complete the plan as comprehensively as possible)

The plan announced today opens a new development path that requires overcoming many challenges, but has the hardworking and heroic Eastern revolutionary tradition and spirit, daring to think, dare to do, and dare to take responsibility. Binh Duong Province promises to fully complete this master plan, meet the expectations of the Party, the State, the people and the business community, and continue the great achievements created by generations of provincial leaders” – Mr. Mai Xingyong on behalf of all the people. Binh Duong people further affirmed.

Special Marks

At the meeting announcing the Binh Duong plan, representatives from the ICF World Smart Community Forum shared Binh Duong’s strategies related to the following criteria:

(Mr. Lou Zacharrila, Chairman and Co-founder of the World Intelligent Community Forum (ICF), affirmed that Binh Duong Province has made unremitting efforts and determination to implement the ICF Intelligent Community Development Strategy)

Over the years, Binh Duong Province has unswervingly implemented and promoted the strategy of building smart cities and innovation zones. It is worth noting that Binh Duong Province has been on the Smart21 list for five consecutive times, especially in 2021, 2022 and 2023, when the province performed well in the top 7 communities in the smart city development strategy. Last year in 2023, the province continued to perform well and was awarded the lofty title of "Smart Community of the Year" by ICF, ranking first in ICF 2023.
These achievements clearly demonstrate the correctness of Binh Duong Province’s development direction and its continued efforts and determination to implement the ICF Smart Community Development Strategy.

For many years, Binh Duong has been known as a place with an open and attractive investment environment. Therefore, Binh Duong Province has always been one of the leading provinces and cities in the country in attracting investment. In the first nine months of 2024, Binh Duong Province has attracted more than 1.2 billion US dollars in foreign investment and more than 4,300 valid registered investment projects, ranking third in the country.

(Becamex IDC Corporation and COEX Group signed a cooperation agreement to promote industrial trade and investment in Binh Duong Province)


At this important event, Binh Duong Province issued investment policy approval decisions and investment registration certificates to eight typical projects that were approved by 2024, with a total registered capital of more than US$1.8 billion.
Also at the Binh Duong Province Plan Announcement Ceremony, Becamex IDC and COEX Group signed an important cooperation agreement to demonstrate the commitment of both parties to promote industrial trade and investment in Binh Duong Province. In addition, Becamex IDC signed an agreement with the Korea Smart Manufacturing Office (KOSMO) to reach an agreement on international exchanges, coordination and promotion of smart manufacturing, Industry 4.0, and cooperation to promote the advancement of ODA programs.

(Overview of the meeting to announce Binh Duong Province's 2021-2030 plan and 2050 vision)

After the provincial plan announcement ceremony, Binh Duong provincial leaders held a launching ceremony to launch the implementation of the Binh Duong provincial plan, in the inter-provincial regional interconnection, science and technology, global interconnection of innovation, trade and services.

This is an event that demonstrates Binh Duong Province’s determination and commitment to government leaders, people and the business community. These initial key projects will generate momentum and resonance to promote Binh Duong Province’s major strategic areas in the next period.

Source: Construction News

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Binh Duong Province releases provincial plan for 2021-2030 and vision for 2050
Binh Duong Province releases provincial plan for 2021-2030 and vision for 2050