5/29/2023 1:37:56 PM

As a place of FDI inflows, Binh Phuoc province is focusing on industrial development, increasing the area to welcome the new wave of investment. Thereby creating an economic breakthrough, promoting the region’s real estate value to increase rapidly and sustainably.

 

FDI capital poured in, Binh Phuoc increased the area of ​​​​the industrial park to welcome the investment wave - Photo 1.

 

By 2025, the industrial park area will be increased to more than 8,000 hectares

Convenient transportation system connecting the region; industrial infrastructure is gradually and synchronously and modernly invested; period of golden population structure; open attraction policy; Strong application of information technology in public administration, etc. has created a favorable investment environment for businesses, especially foreign investors coming to Binh Phuoc. So in a short time, million USD of FDI continuously poured into this province.

Sharing about the reason for choosing Chon Thanh, Binh Phuoc as an investment destination, Mr. Surasak Aroonsiriwattana, Director of Food Processing Factory, CPV Food Co., Ltd said: "Becamex - Binh Phuoc Industrial Park has a large area is the most suitable place for us to build a factory complex including an animal feed factory, an egg incubation factory and a food processing factory , in addition, from Chon Thanh to Cat Lai port (Ho Chi Minh City). Minh) only takes about 100km, which will make the transportation of goods convenient and the transportation costs not too high ."  (Source: binhphuoc.gov). The presence of Thai CP or Hayat is a convincing proof of Binh Phuoc’s attractiveness in attracting investment to large manufacturing corporations in the world. 

After 26 years since its re-establishment, Binh Phuoc has so far attracted 366 FDI projects, with a total investment capital of nearly 3.5 billion USD. In 2021 , the province has attracted 70 foreign investment (FDI) projects with a capital of 600 million USD, increasing 2 times in number of projects and 3 times in capital compared to 2020. Also in this year, the province approved 100 projects with domestic investment capital with a total registered capital of more than 10,000 billion dong.

In 2022, Binh Phuoc attracts 45 projects with a capital of 10,800 billion VND, reaching 108% of the plan. Accumulated by the end of 2022, there are 1,220 projects with a capital of 116,908 billion VND. Foreign investment attraction reached 37 projects, with newly and adjusted capital of 150 million USD. Accumulated to the end of 2022, there are 370 projects with a capital of 3 billion 465.7 million USD.

Through industrial parks, Binh Phuoc continuously receives the attention of many domestic and foreign investors. Therefore, the province will focus on upgrading the industrial park area to continue attracting capital.

FDI attraction skyrockets, Binh Phuoc real estate benefits

According to the plan, by 2030, Binh Phuoc will become an "industrial province" with the leading GDP in the country, by 2050 it will develop into a modern industrial province with a sustainable development rate. As a result, experts predict that Binh Phuoc will be the focus of real estate investment in the wave of world factory relocation to Vietnam during this period.

In order to create favorable conditions for real estate investment in Binh Phuoc, a series of large transport infrastructure projects have been proposed and approved for implementation. Accordingly, Binh Phuoc has been approved by the Prime Minister for the implementation of a number of key traffic projects such as the City Expressway Project. Ho Chi Minh - Thu Dau Mot - Chon Thanh; Di An - Loc Ninh railway project connecting to Cai Mep - Thi Vai port, in the future will connect with the Kingdom of Cambodia through Hoa Lu international border gate; Highway Gia Nghia (Dak Nong) - Chon Thanh (Binh Phuoc);…

FDI capital poured in, Binh Phuoc increased the area of ​​​​the industrial park to welcome the investment wave - Photo 2.

The first Japanese standard residential area in Chon Thanh, Binh Phuoc especially attracts customers to visit and learn

Following the wave of infrastructure, the real estate market here is also increasingly active; The projects are invested in a methodical, large-scale, synchronous manner and are oriented to real needs as well as high-class living standards instead of just focusing on dividing land as in the previous stages.

For example, Cat Tuong Phu Thanh Residential Area is located in front of Nguyen Van Linh Boulevard (Chon Thanh, Binh Phuoc) invested by Cat Tuong Group. Possessing a central position among large industrial parks, the project is developed by the investor according to Japanese standards, fully integrated with a chain of high-class utilities, not only meeting the needs of luxury and green living of professionals. They are working in neighboring industrial zones but also a premise to raise the value of local real estate.

Currently, Cat Tuong Phu Thanh Residential Area has completed 100% of its infrastructure, and utilities such as parks, clubhouses, swimming pools, etc. have all been put into operation. This March, the investor continues to start the construction of Taiyou Kindergarten with a scale of more than 1,000m2 at the project, promising to bring a comprehensive and high-class educational space for young residents.

Launching the market at the beginning of the year, Cat Tuong Group implemented many attractive sales policies such as: supporting customers to pay in installments, paying only 20% of the initial level, discount up to 18%, payment 0% interest rate in 48 months, especially customers who visit to reserve a place will immediately receive 5 SJC gold coins...... A series of incentives from the investor not only promises to reduce financial pressure for buyers, but also contributing to promoting the real estate market of Chon Thanh and Binh Phuoc more exciting, becoming a bright spot for investment in the southern region.

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