Please note: you are viewing an old version of this deal. The current version can be found here: Deal #5200

Deal #5200 Version #71358

Vietnam
Created at
2016-09-12
Last update
2020-07-11
Last full update
2022-03-18

Land area

Size under contract (leased or purchased area)
  • [2008] 1993.0 ha
  • [2015, current] 4633.0 ha
Comment on land area
Becamex Industrial Park - Binh Phuoc province has 1,993 hectares of detailed planning approval in Decision No. 2793 / QD-Committee December 22, 2008. Investment Certificate No. 44221000072 investment December 29, 2008, by the Corporation Becamex Industrial Park - Binh Phuoc infrastructure investors. Information in 2015: The project, covering 4,700ha in Chon Thanh District, has a total investment capital of VND20 trillion (US$888 million).

Intention of investment

Intention of investment
  • [current] Industry, Other
Comment on intention of investment
Industrial and urban purposes. electrical items, household products, computing and information technology and telecommunications, besides food processing. The complex will also house healthcare, education, commercial and shopping facilities to serve more than 200,000 residents and investors who will work and live there.(Industrial area: 2448 ha, see Vietnamese source http://hoinongdan.binhphuoc.gov.vn/hoat-dong-cua-tinh-binh-phuoc/khoi-cong-du-an-khu-lien-hop-cong-nghiep-va-do-thi-becamex-binh-phuoc-86.html) Binh Phuoc is set to become an industrialized province by 2030 with GDRP among the top 15 localities in Vietnam. It will also look to turn the province into a modern industrialised locality with comprehensive and sustainable development by 2050. https://vnexplorer.net/plan-to-develop-binh-phuoc-into-industrialized-province-by-2030-a202030102.html

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2008, current] Concluded (Contract signed)
Comment on negotiation status
Investment Certificate No. 44221000072 investment December 29, 2008, by the Corporation Becamex Industrial Park - Binh Phuoc infrastructure investors.

Implementation status

Implementation status
  • [2015, current] Startup phase (no production)
Comment on implementation status
The Investment and Industrial Development Corporation (Becamex IDC) started the construction of a residential-industrial complex in the southern Binh Phuoc Province on September 14. (year 2015). See http://www.vir.com.vn/becamex-builds-residential-industrial-complex-in-binh-phuoc.html.

Contract farming

Contract farming
No