Tin revealed the information at a conference to review local IPs’ activities in 2023, and outline tasks in 2024 held by the management board on Friday.

An industrial park in Binh Duong Province in 2022.

Accordingly, by the end of 2025, the province is projected to develop two new industrial parks with a total land area of approximately 1,000 ha in Bac Tan Uyen District and Tan Uyen City. One of these will focus on attracting high-tech, automation and less labor-intensive mechanical engineering industries.

By the end of 2030, the province will have an additional eight IPs in Bac Tan Uyen, Dau Tieng, and Phu Giao districts with a total area of 6,000 ha along Belt Road No.4.

According to the official, Binh Duong is home to 33 IPs covering a total area of 14,790 ha, accounting for 7.9% of the total number of IPs nationwide. Among them, 28 IPs became operational with a total area of 11,962 ha.

Last year, local IPs attracted over US$1.22 billion in foreign direct investment (FDI), and VND6 trillion ($253.9 million) in domestic investment, equivalent to 111% and 548% of the set plan , respectively.

In the first quarter of 2024, as many as $177 million was poured into the province, up 385% year-on-year, and equivalent to 14.75% of the yearly plan.

Among 56 countries and territories worldwide having investment projects in Binh Duong’s IPs, Hong Kong (China) is the largest investor, followed by Japan, Singapore, and the Republic of Korea.

More than 190,000 labourers resume normal work at industrial parks

BAC GIANG – As of February 19 (the 10th day of the first lunar month), more than 190,000 laborers resumed normal work at the industrial parks in Bac Giang province after Tet holiday, reaching nearly 100%, reported the Department of Labour, Invalids and Social Affairs.

Efforts exerted to complete infrastructure of new industrial parks

BAC GIANG – The northern province of Bac Giang and localities have recently accelerated the industrial development. Many industrial parks are established and put in operation. However, the site work has not been completed in some industrial parks, affecting investment attraction.

Vietnam promotes green industrial park development

Many localities in Vietnam have promoted converting traditional industrial parks to eco-industrial parks and also developed new green industrial parks.

Bac Giang develops industrial parks, creates motivation to attract investment

BAC GIANG – The Northern province of Bac Giang identified industrial development as one of the three pillars for comprehensive development of economic sectors. For recent years, the province has promoted the development of industrial parks (IPs) to create advantages in attracting investment and developing industry in a modern and sustainable direction. Dao Xuan Cuong - Head of the Industrial Park Management Board (IPMB) in Bac Giang province grant an interview around this issue.

Subdivision Planning Project of Hoa Yen Industrial Park approved

BAC GIANG – The People’s Council in Bac Giang province term 19 has just issued a Resolution to approve for the Subdivision Planning Project to build Hoa Yen Industrial Park in Bac Giang province, scale 1/2,000.

Source: VnExpress