Binh Duong has approved the planning of 18 industrial clusters (ICs) and 5 new industrial parks (IPs), totaling over 3,500 hectares. This expansion aims to boost foreign direct investment (FDI) attraction and drive economic development.

Dat Cuoc industrial park – Over 500 ha

According to information released on Binh Duong’s official portal on November 3, the province has approved the master plan (scale 1:5,000) for Dat Cuoc Industrial Park (KSB) located in Dat Cuoc commune, Bac Tan Uyen district. Dat Cuoc is a large, centralized industrial park with an area of 523.2 hectares, designed to attract multi-industry projects and is expected to host a workforce of around 26,000 employees.

Location of Dat Cuoc Industrial Park (KSB) on the Map

Dat Cuoc IP has a strategically advantageous location, situated just 30 km from Thu Dau Mot City, 30 km from Bien Hoa City, 50 km from Ho Chi Minh City, and 55 km from Tan Son Nhat Airport. Additionally, it benefits from excellent logistics advantages, with key cargo hubs nearby, including a 20 km distance to ICD Song Than and 50 km to Cat Lai Port.

18 Industrial clusters and 4 new industrial parks in Phu Giao

Alongside Dat Cuoc IP, Binh Duong Province has also approved the planning for 18 industrial clusters and 4 new industrial parks in Phu Giao district, covering a total area of nearly 3,000 hectares.

Phu Giao District’s Regional Development Plan Map through 2040

Phu Giao is located in northeastern Binh Duong, bordering Binh Phuoc and Dong Nai provinces, as well as Bau Bang and Bac Tan Uyen districts. In the future, Phu Giao will become a strategic regional hub, forming a bustling industrial triangle with Phu Giao, Ben Cat, and Tan Uyen along the Trans-Asia route.

The Bac Tan Uyen – Phu Giao – Bau Bang Arterial Road as a Development Driver for Phu Giao

The province is also heavily investing in transportation infrastructure to strengthen Phu Giao’s connectivity with neighboring areas and key industrial centers. Notably, the Bac Tan Uyen – Phu Giao – Bau Bang arterial road is nearing completion, and the Ho Chi Minh City – Thu Dau Mot – Chon Thanh expressway is set to begin construction soon. This new infrastructure will enhance Phu Giao’s accessibility to major economic zones such as Ho Chi Minh City and Binh Phuoc.

New opportunities for investors

As a leading province in Vietnam’s industrial development, Binh Duong is actively planning and expanding several new industrial parks, creating clean land reserves to meet factory construction demand. The province currently hosts 29 industrial parks (IPs), of which 28 are operational with an occupancy rate nearing 94%. Notable large-scale industrial parks include VSIP II with over 1,000 hectares and My Phuoc III with over 900 hectares. By 2030, Binh Duong aims to establish 10 additional IPs, increasing the total to 42 parks covering around 18,600–21,000 hectares.

VSIP Representative Showcases Industrial Park Infrastructure to Investors

Thanks to investor-friendly policies, a favorable geographical location, and well-developed infrastructure, Binh Duong consistently ranks among the top provinces in attracting FDI. In the first nine months of 2024, the province attracted USD 1.2 billion in FDI, ranking third in the nation after Ho Chi Minh City and Hanoi. To date, Binh Duong has drawn in 4,342 FDI projects with a total registered capital of nearly USD 42 billion, accounting for 8.5% of the nation’s FDI.

Sources: VNExpress, Lao Dong Newspaper