Binh Duong’s industrial parks eye more productive operation
The southern province of Binh Duong moves to attract hi-tech and environmentally-friendly investment projects into industrial parks to serve its sustainable development through 2020.
My Phuoc industrial park 2 in Binh Duong province (Source: baobinhduong.vn)
Binh Duong (VNA) - ಞThe southern province of Binh Duong moves to attract hi-tech and environmentally-friendly investment projects into industrial parks to serve its sustainable development through 2020.
Head of the provincial management board of industrial parks Tran Van Lieu was speaking at a ceremony to mark the 20th founding anniversary of the authority in Binh Duong on November 12.
The locality will prioritise the support industries that are able to join the global productions chains and the spearhead industries such as electricity, electronics, telecommunication, information technology, and mechanical engineering, he revealed.
It plans to improve the operational efficiency of industrial parks and reinforce their infrastructure connectivity with the southeast and southern key economic zone.
Binh Duong is now home to 28 industrial parks covering 9,500 hectares, which are expected to increase to 35 spanning 13,764 hectares by 2020.
According to the management board, the annual average revenue growth in the industrial parks stood between 30-35 percent over the years.
Between 2011 and 2015, businesses grossed about 32.5 billion USD in revenue, including 15.5 billion USD from exports, contributing some 800 million USD to the local State budget.
Nearly 12,000 workers have been employed on an annual basis since 1995, increasing the total number of employees at the industrial zones to 240,000 at present.-VNA
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My Phuoc industrial park 2 in Binh Duong province (Source: baobinhduong.vn)
