Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5198
Deal #5198 Version #71346
Vietnam
Created at
2016-09-08
Last update
2016-10-11
Last full update
2022-03-18
Land area
Intended size
3 200 ha
Size under contract (leased or purchased area)
- [2007] 2200.0 ha
- [2016, current] 3200.0 ha
Comment on land area
The Investment and Industrial Development Corporation (Becamex IDC) on April 27 (2016) officially held a ceremony to commence the building and development of Bau Bang Urban-Industrial Park in Binh Duong province, and announce the expansion of the park by 1,000 ha, raising the total area of the park to over 3,200 ha.
Intention of investment
Intention of investment
- [current] Other, Industry
Comment on intention of investment
1,000ha of land for industrial projects, 1,200ha of land for developing urban areas and services, and the remaining 1,000ha for technical infrastructure development.
Nature of the deal
Nature of the deal
Lease
Negotiation status
Negotiation status
- [2007, current] Concluded (Contract signed)
Comment on negotiation status
Decision No. 566/TTg-CN, dated 10/05/2007 by Prime Minister to lay down policy on establishment Bau Bang Industrial Park, Binh Duong.
- Investment Certificate No. 46221000302, dated on 23/10/2007 by Binh Duong Industrial Zone’s Board of Management.
- Decision No. 4280/QĐ-UBND “Approval master plan in detail”, dated on 28/09/2007 by Binh Duong People’s Committee.
Implementation status
Implementation status
- [2016, current] In operation (production)
Comment on implementation status
Notably, 95% of the 1,000ha of land for industrial projects has been filled by 95 domestic and foreign investors with a total registered capital of US$1.2 billion. (Article 28:04:2016)
Contract farming
Contract farming
No