BINH PHUOC: LAND OF GREAT ATTRACTION FOR TAIWANESE (CHINESE) ENTERPRISES

Thursday - 22/12/2022 07:46

(CHINESE) ENTERPRISES

Taiwanese enterprise delegation participated in a field trip at Minh Hung Industrial Park - Sikico (Hon Quan district)

"Hopefully Binh Phuoc will be the first choice of Taiwanese investors" is the expectation of Mr. Chang Wen Chung, Chairman of the Taipei Economic and Cultural Office in Ho Chi Minh City during a recent survey by a Taiwanese enterprise delegation in Binh Phuoc.

Recently, Binh Phuoc Investment, Trade and Tourism Promotion Center (ITTPC) cooperated with Economic Zone Authority of this province, Southern Investment Promotion Center, and Economic - Culture Office of the Taipei in Ho Chi Minh City organizes the program “Taiwanese enterprises to survey and learn about the investment environment in Binh Phuoc province”.

Within the framework of the Program, more than 10 Taiwanese investors have conducted surveys in the 655 ha area, especially visiting the waste treatment factory in Minh Hung - Sikico Industrial Park, Hon Quan district.
(https://www.minhhungsikico.vn).

This area is arranged for industries such as textiles, plating, medical gloves... and is currently in the process of completing the infrastructure. (Watch the introductory clip about Minh Hung Industrial Park - Sikico here:
https://youtu.be/xwolLqgoFF4).
Next, the Taiwanese enterprise delegation went to the field trip in some areas at Becamex Binh Phuoc Industrial Park, Chon Thanh district.
(https://www.becamexbinhphuoc.info).

Through this, the representative of the investor of Becamex Binh Phuoc Industrial Park informed that this industrial park is invested by Becamex Binh Phuoc Technical Infrastructure Development Joint Stock Company with an industrial land area of more than 2,400 hectares. (Watch the introductory clip about Becamex Binh Phuoc Industrial Park here: https://youtu.be/pZ3ROhNP81E ).

The Taiwanese enterprise delegation heard the representative of Becamex Binh Phuoc Industrial Park (Chon Thanh District) introduce the potentials, advantages and investment opportunities in this industrial park.

Up to now, after 4 years of implementation and calling for investment, Becamex Binh Phuoc Industrial Park has attracted a total capital of more than 1 billion USD; at the same time directly contributed more than 1,700 billion VND to the budget, creating jobs for more than 6,000 employees. Currently, Becamex Binh Phuoc Industrial Park continues to invite domestic and foreign investors to find investment opportunities here.

After finishing the field trip at Minh Hung-Sikico Industrial Park and Becamex Binh Phuoc Industrial Park, the Taiwanese enterprise delegation attended a meeting with representatives of departments and branches of Binh Phuoc province at the headquarters of Binh Phuoc Investment, Trade and Tourism Promotion Center.

The Taiwanese enterprise delegation visited and worked with the Investment, Trade and Tourism Promotion Center and departments, branches of Binh Phuoc province.

At the meeting, Mr. Tran Quoc Duy - Director of Binh Phuoc Investment, Trade and Tourism Promotion Center introduced the potentials, strengths and achievements of socio-economic development of this province in the past time and information about the commitments of the Binh Phuoc provincial government for investors. (Watch clip Binh Phuoc - Attractive Destination
here: https://www.youtube.com/watch?v=m2rSELs9-kU).

Mr. Tran Quoc Duy - Director of Binh Phuoc Investment, Trade and Tourism
Promotion Center introduced the potentials and strengths of this province.

“Binh Phuoc will be a reliable investment destination for many domestic and foreign enterprises and investors in their journey to find investment opportunities,
especially in the context of Taiwan's successful accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), opening a new threshold to promote the potential development of economic and trade partnership between Taiwanese enterprises and Vietnam, in general and Binh Phuoc province, in particular”, emphasized Mr. Duy.

In addition, Taiwanese enterprises and investors were introduced to the investment environment in Binh Phuoc, in which the outstanding competitive advantages include: legal assurance, ready for infrastructure, diversified variety of industries with preferential policies and accompanying investors.

Overview of the working session between the Taiwanese enterprise delegation and the Investment, Trade and Tourism Promotion Center and representatives of departments and branches of Binh Phuoc province

Mr. Vu Xuan Dang - Deputy Director of the Southern Investment Promotion Center, Ministry of Planning and Investment, said that Taiwanese enterprises are currently interested in investing in the fields of agriculture, agro-processing, and supporting industry.

Mr. Vu Xuan Dang - Deputy Director of the Southern Investment Promotion Center, Ministry of Planning and Investment shared the fields that Taiwanese enterprises are currently interested in investing in.

During this survey on the investment environment in Binh Phuoc, Taiwanese investors were particularly interested in the following contents: regulations on building dormitories for workers; average salary of workers, actual situation of labor recruitment; preferential policies for the field of renewable energy; the maximum area reserved for enterprises when investing in the province; orientations on the development of hi-tech agriculture and the province's preferential policies for this field.

Many questions have been raised by Taiwanese investors to learn about the investment environment in Binh Phuoc province.

All questions of Taiwanese investors were answered thoroughly and fully by representatives of relevant departments and branches of Binh Phuoc province, contributing to creating trust and motivation for investors. Taiwanese investors look to Binh Phuoc as an attractive destination.

Representatives of Binh Phuoc province’s departments and branches eagerly answered questions from Taiwanese investors about the investment environment in this province.

At the same time, Mr. Chang Wen Chung, Chairman of the Taipei Economic and Cultural Office in Ho Chi Minh City shared currently, Taiwan is investing in 29 projects in Binh Phuoc province with an investment turnover of more than 182 million USD, there is still a lot of growth potential.

Mr. Chang Wen Chung, Head of Taipei Economic and Cultural Office in Ho Chi Minh City said that Taiwan is currently investing in 29 projects in Binh Phuoc province, there is still a lot of growth potential.

According to Mr. Chang Wen Chung, this field trip helped Taiwanese enterprises grasp important information about the investment environment in Binh Phuoc. Mr. Chang Wen Chung hopes that Binh Phuoc province will continue to improve infrastructure such as electricity, water and roads, solve labor shortage problems,... so that Binh Phuoc will become the first choice of Taiwanese investors in the near future.

BINH PHUOC: LAND OF GREAT ATTRACTION FOR TAIWANESE (CHINESE) ENTERPRISES

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