Binh Duong is ready to welcome the wave of supply chain shift

Jun 17, 2023
Binh Duong is ready to welcome the wave of supply chain shift

As one of the leading localities in the country in terms of socio-economic development and the speed of attracting foreign direct investment (FDI), Binh Duong is actively expanding bilateral and multilateral cooperation relations. in many areas. Over the past time, Binh Duong has attracted many large domestic and foreign projects, making an important contribution to socio-economic development.

Mr. Hashimoto, Chairman of Sharp Corporation (Japan) said that the group is exploring investment opportunities in the southern provinces of Vietnam, including Binh Duong in order to diversify its supply chain. Mr. Hashimoto assessed Binh Duong as a locality with an attractive investment environment, in line with Sharp's criteria. Currently, the group has 2 manufacturing plants located in Vietnam - Singapore Industrial Park (VSIP I) and expanded VSIP II. Sharp Corporation is looking to expand investment and build one more large-scale factory to develop advanced and high-tech products such as manufacturing and processing electronic products, high-tech components, and electricity. Smartphones, electrical appliances, home electronics, health products, etc.

Similarly, Mr. Nagato Takahiko, Chairman of the Association of Japanese Businesses in Binh Duong shared, this is the locality chosen by Japanese businesses to invest a lot in the industrial sector. Japan is currently ranked 2nd out of 65 countries and territories investing in Binh Duong province with 341 projects with a total capital of nearly 6 billion USD. Japanese FDI projects in Binh Duong mainly focus on such fields as: manufacturing electronic components, circuits and electronic chips; automobile production and assembly; iron and steel production; supporting industries, trade - services... Some large Japanese corporations investing in Binh Duong are Panasonic, Toshiba, Foster, Tokyu, Aeon Mall...

Recently, with the rapid development of industrial zones, Binh Duong is considered a very "fertile" land for logistics enterprises. Recently, Warburg Pincus Corporation (USA) a joint venture partner with Becamex IDC Corporation to invest in a cross-border e-commerce center (75 hectares) in Binh Duong new city, including public factories. High-tech warehouse, warehouse for goods transported by air, cross-border e-commerce warehouse, bonded warehouse... Mr. Preben Elnef, Vice President of Lego Group and General Director of Lego in Vietnam also said the reason. choose Binh Duong as an investment destination because of the advantages from logistics businesses here, and Lego will be very convenient in transporting products for consumption in Southeast Asia and other regions.

In mid-June, Binh Duong enterprises and Japanese partners cooperated to develop smart industrial parks and smart production. Accordingly, Vietnam Technology and Communication Joint Stock Company (VNTT - a subsidiary of Becamex IDC) and NTT DATA (a member of NTT Group, one of Japan's largest telecommunications and information technology enterprises) Ban) has signed a cooperation agreement to deploy smart city and smart industrial park application solutions for investors in industrial parks and factories converting production.

Accordingly, the Japanese company will research and develop solutions for transforming production models in a series of industrial parks invested by Becamex IDC Corporation and VSIPs in many provinces and cities across the country. At the same time, Becamex IDC also "ordered" VNTT to transform the operation of industrial parks into smart industrial parks, with a green and sustainable industrial ecosystem with industrial parks that will be applied solutions. solutions on smart wastewater treatment plants, security cameras, smart traffic, smart lights… and many other utilities.

In order to attract businesses with high science and technology content, Mr. Pham Ngoc Thuan, General Director of Becamex IDC affirmed, has been developing a new type of ecosystem that complements the Industrial - Urban - Service model. service. Accordingly, in phase I, Becamex IDC builds and upgrades existing industrial parks into green, smart industrial parks, with the ability to provide 4.0 technology platforms such as IIoT, Big Data, AI... to help investors easily deploy smart factory model, smart production quickly and efficiently. Phase II, Becamex will develop industrial parks associated with science and technology to attract research, development and innovation activities, service industries and digital services.

“In order to both support businesses in the supporting industry and receive the wave of global supply chain transformation, the province orients to build science and technology industrial parks, and create mechanisms to encourage innovation through information technology. through the "Smart City" project, affirmed Mr. Vo Van Minh, Chairman of Binh Duong Provincial People's Committee.

Source: Thoibaonganhang.vn

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