Planning IPs and preparing the clean land fund contributed to Binh Duong growth and therefore, Binh Duong province now becomes one or the leading industrial provinces and cities in the nation. The success expresses the provincial authorities’ vision and comprehensive direction in “staying ahead of infrastructure planning”. Developing the IPs infrastructures creates the favorable investment environment attracting investors, contributing to the development the provincial comprehensive industry. Therefore, the branch name of investment environment of Binh Duong province is known and highly appreciated by domestic and foreign investors.
The success of IPs contributing to the provincial sustainable and stable growth proved the breakthrough in the opinion of the Provincial Party Committee, authorities and citizens with the solutions of “staying ahead of infrastructure planning”. Especially in the circumstance of global economic challenges, the economic development of provinces and cities is slowdown, Binh Duong still maintains its growth thanks to the effective industries which IPs play a very important role in. In the consecutive years, the provincial GDP always doubled compared to the average GDP of Vietnam and rose by 1.5 times in comparison with the Southern Key Economic Zone’s average figure. Only in 2014, the provincial GDP increased by 13% over the last year; the budget revenue exceeds the target; industrial production, exportation and FDI rose from 15.5% to 53% in comparison with last year; economic structure, industry- service - agriculture were 60.8% -36.2% -3% respectively.
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Socio- technical infrastructure facilitate IPs - a corner of Binh Duong New City
Toward the sustainability
According to the provincial orientation, industry still continues to play a principal role and IPs continues to be the base as well as the breakthrough ensuring the Binh Duong sustainable growth. The proposed plan of IPs to 2020, Binh Duong will have 35 IPs with the area of 13,765 hectares. Therefore, the tasks which will be fulfilled: 16 IPs in Di An, Thuan An towns and Thu Dau Mot City to be occupied; completing the facilities of IPs in the North of the province. Domestic industries to be concentrated reduce maximally labour intensive industries; subsidiary industries, industries of processing products for exportation to be intensified in order to increase the competitiveness of export products in the international market…
To complete the target, Binh Duong People’s Committee proposes solutions including continuing to improve and invest in technical and social infrastructure; perfect the transport system; provide better public services for business; reform administrative procedures in order to facilitate the investment environment. The province also focuses in enlarging the vocational training system appropriately to the labour market; pushing up the socialization of vocational training coordinating with enterprises as well as vocational center in Ho Chi Minh City and other localities to train technical workers, professional labours for its principal industries.
In term of social security, the province enhances the investment in the field of health, education, culture… for immigrants from other provinces and cities.
Enhancing social security policy stabilizes labour forces in IPs. – Becamex Hoa Loi social housing
According to Mr. Tran Van Nam, Standing member of Binh Duong Party Committee, Standing Vice Chairman of provincial People’s Committee, the establishment and development of IPs help Binh Duong province to growth is industry following the detail planning ensuring harmoniously the socio-economic and environmental target. He affirmed that besides implementing the above solutions, “stay ahead it” is the important and inheritable factor. Thus, Binh Duong needs to bring into play this condition in the coming time contributing to make Binh Duong province to become the Central–governed industrial City before 2020.