VRG joins hands with Becamex and VSIP: A boost for Binh Duong

(NLDO) – Trilateral cooperation opens up many growth opportunities in developing industrial, urban, and social housing infrastructure; energy production and supply, etc.

On the afternoon of April 3, at the headquarters of the Vietnam Rubber Industry Group (VRG), a tripartite cooperation agreement signing ceremony took place between VRG and the Investment and Industrial Development Corporation (Becamex) and the Vietnam - Singapore Industrial Park Joint Venture Company Limited (VSIP), for the period 2025 - 2030.

VRG is the largest agricultural economic group in Vietnam, playing a pioneering, core role and being the center of strategic planning for the development of Vietnam's rubber industry. Becamex and VSIP are two of the leading prestigious industrial and urban real estate developers in Vietnam.

The cooperation between the three parties is not only an important milestone in the development journey but also opens up many opportunities for strong and sustainable growth in the development of industrial, urban and social housing infrastructure; energy production and supply; investment and implementation of key national projects on transportation, science and technology and innovation.

Leaders of VRG, Becamex and VSIP signed a cooperation agreement

According to the cooperation agreement for the period of 2025 - 2030, the three parties will develop smart and ecological industrial - urban - service parks, social housing in Binh Duong province to attract industries with high added value, as well as participate in the process of restructuring the province's industrial development space, creating favorable conditions to welcome industrial enterprises, people and labor force moving from the South to the North of the province, contributing to the process of restructuring the economy of Binh Duong province.

Cooperate in investing in large-scale energy production such as solar power farms, wind power, gas power and other clean energy fields, to provide a stable energy source in Binh Duong province, contributing to the goal of carbon neutrality, towards net zero emissions in Vietnam by 2050.

Scene of the signing ceremony on the afternoon of April 3

Cooperate in investing in key national projects such as belt roads, metro lines and railways in Binh Duong province. Develop science and technology parks, science and technology industrial parks, data centers, etc. in Binh Duong province. Contribute to building a new ecosystem, helping to attract new generation investors such as Institutes, Schools and Research Centers, as well as experts and scientists to Binh Duong to live and work.

Speaking at the ceremony, Mr. Le Thanh Hung, General Director of VRG, said: "VRG has strengths in investing in the construction and business of industrial park infrastructure and renewable energy. Particularly in Binh Duong province, member units have invested in the construction and business of infrastructure of 6 industrial parks with an area of 1,857 hectares, of which 2 industrial parks are investing in construction and carrying out investment procedures. With the orientation of developing industrial parks in Binh Duong province according to Decision No. 790/QD-TTg dated August 3, 2024 of the Prime Minister until 2030, with a vision to 2050, the planned area on converted rubber land is estimated at about 8,000 hectares. With the planning of industrial park land on converted rubber land, the Group and member units have a policy to register as investors of these industrial parks".

The signing ceremony marks an important step in the cooperation relationship between the three units for the period 2025 - 2030.

"Promoting the strengths of each side to develop together, I believe that we will open up many new development opportunities in the future, as well as strengthen the cooperative relationship for mutual development, promoting the strengths of each side to continue to connect, support each other, contributing to promoting the production and business activities of each side. The Group always believes and will devote the best resources to accompany Becamex and VSIP, contributing to building the brand of each side, contributing to building increasingly prosperous localities and enhancing Vietnam's competitiveness in the region and internationally" - Mr. Le Thanh Hung said.

The signing ceremony of the cooperation agreement between VRG, Becamex and VSIP is a vivid demonstration of the spirit of cooperation and development of the three units. This event also demonstrates VRG's strong commitment to accompany the country's large enterprises on the journey of development and integration.

Source: https://nld.com.vn/vrg-bat-tay-cung-becamex-va-vsip-cu-hich-cho-binh-duong-196250403183045844.htm