Becamex IDC firmly establishes itself as the most reputable industrial real estate company.

Affirming outstanding reputation

The Top 10 most reputable real estate companies are the result of independent, professional research by Vietnam Report, built on scientific and objective principles. The award aims to recognize and honor the leading businesses in the real estate industry that have strived to achieve many accomplishments in production and business operations, brand building, and demonstrated strong resilience with stable financial capacity and good resilience in the context of a volatile global economy over the past year. The evaluations and rankings are based on three main criteria: Financial capacity as shown in the most recent annual financial statements; media reputation assessed using the Media Coding method – coding articles about the company on influential media channels; and surveys of relevant stakeholders conducted in February and March 2023.

Consistently ranking among the top 10 most reputable real estate companies, Becamex IDC, with over 30 years of experience in industrial, urban, and service infrastructure development, has achieved outstanding results in Binh Duong . Furthermore, Becamex IDC has made significant contributions to socio-economic development in many provinces and cities nationwide, in line with government guidelines and cooperation programs between Binh Duong province and other localities to replicate Binh Duong's successful model.

Over the years, Becamex IDC Corporation has consistently focused on developing industrial parks integrated with urban areas, commercial and service zones, social housing, and resettlement areas, surrounded by a high-quality ecosystem of transportation, healthcare, culture, sports, and education , meeting the needs of all investors. Becamex IDC is also a pioneer in implementing and deploying the industrial-urban-service development model by forming the Vietnam-Singapore Industrial Park Joint Venture Company (VSIP) with Singaporean partners. This has solved the problem of isolated industrial development in the southern part of the province, which had not yet had a widespread impact across the entire province.

Applying international models creatively to domestic realities.

The industrial, urban, and service development model is a comprehensive development model, building a complex of industrial zones interspersed with an urban system that includes all components of high-end and affordable urban areas, social housing and resettlement areas, green spaces, parks, etc., on a foundation of a well-planned transportation system linked to the TOD (Transit-Oriented Development) model, connecting within the zone, between districts and regions, interspersed with a system of internationally standardized education and training at all levels, and a high-quality healthcare system.

Becamex IDC Corporation has been astute in selecting and transforming its development model, creatively applying international models to the reality of Vietnam and specifically Binh Duong. This model has spread to many provinces and cities nationwide, including Nghe An, Bac Ninh, Quang Ngai, Hai Duong, Binh Dinh, Binh Phuoc, Long An, and Binh Thuan. In these areas, Becamex IDC not only collaborates in providing green industrial park infrastructure but also plans development according to a complex model combining urban areas and services. This has attracted thousands of investors, created jobs for millions of workers, and contributed to the socio-economic development of Binh Duong and other provinces and cities across the country.

This is a strategic move to upgrade the province's urban planning and industrial systems, renovate existing cities, comprehensively improve the transportation system, and create a springboard for the spread of labor-intensive and land-intensive industries to the North. This will create room for the development of trade, services, and science and technology in the South, transforming industrial development and investment attraction into a lever to consolidate and comprehensively develop urban areas, urban economies, and socio-cultural life for the people. It will change the face of Binh Duong not only in terms of infrastructure but also in its trade promotion methods, expanding the province's marketing and investment promotion systems globally.

To meet new demands and seek new development drivers, Becamex has been reshaping its development model, transforming it from an industrial-urban-service model to a smart industrial-urban-service model. This includes upgrading existing industrial parks and constructing new green, smart industrial parks capable of providing Industry 4.0 technology platforms such as IoT and Big Data. This facilitates the rapid and efficient deployment of smart factories and smart manufacturing, contributing to increased labor productivity within the province. Simultaneously, the company aims to develop industrial, urban, and service zones closely linked to science and technology to attract universities, research and development activities, innovation, and digital services, thereby attracting investment and moving up the industrial value chain.

With the results achieved despite the general difficulties facing the real estate industry in the recent period, coupled with stable financial strength, continuous effort, dynamism, creativity, and sustainable development, Becamex IDC's achievements are concrete evidence to affirm its position and reputation, rightfully earning its place as a pioneer in the industrial real estate sector.

Text and photos: HA LONG

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