VSIP Group cooperates to develop smart and sustainable industrial parks

In Binh Duong, VSIP Group has signed a cooperation agreement to develop smart and sustainable industrial parks with 9 localities, including: Binh Phuoc, Tay Ninh, Binh Thuan, Khanh Hoa, Thua Thien Hue, Ha Tinh, Thanh Hoa, Thai Binh and Nam Dinh.

VSIP Group is a joint venture between Becamex IDC Corporation (Vietnam) and a consortium of Singaporean investors led by Sembcorp Development LTD (Singapore). Formed in 1996, VSIP Group is a leading brand in Vietnam's industrial real estate industry with a chain of 13 industrial, urban and service parks nationwide.

The signing event between VSIP Group and the localities was honored to be witnessed by Comrade Le Minh Khai, Secretary of the Party Central Committee, Deputy Prime Minister . This signing event is a continuation of the cooperation agreement between Becamex IDC Corporation and Sembcorp Development LTD Group announced on February 10, 2023.

According to the signed content, VSIP Group and the provinces and cities will conduct feasibility studies for industrial parks, urban centers and services. Feasible projects will be signed cooperation agreements and granted investment registration certificates by the Government. The cooperation aims to promote socio -economic development of localities through the production of high-value products, job creation and development of new urban areas to support the quality of life for the community.

On this occasion, the delegation of leaders of the Government, ministries, branches and localities visited and worked at Vietnam - Singapore Industrial Park I (VSIP I - Binh Duong).

VSIP I - Binh Duong is located in Thuan An City, about 20km from Ho Chi Minh City, was established in 1996 and completed in 1997 with a scale of 500 hectares and a management system and infrastructure meeting international standards. VSIP I-Binh Duong has become one of the model industrial parks in Vietnam.

This is also the cradle of formation and development of VSIP Group, creating the foundation for developing and replicating the model to many provinces and cities across the country over the past 27 years.

News and photos: LONG TUAN

Signing of funding for the development of VSIP III Industrial Park with 4,600 billion VND

On the afternoon of August 22, at the Provincial Convention and Exhibition Center, Vietnam - Singapore Industrial Park Joint Venture Company Limited (VSIP) and Vietnam Joint Stock Commercial Bank for Investment and Development (BIDV) held a signing ceremony of a credit contract to finance the VSIP III Industrial Park Construction Investment Project in Binh Duong (VSIP III - Binh Duong).