Deal #5198

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.

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.

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.

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)