Binh Duong opens up many investment opportunities for German businesses

Mar 22, 2024
Binh Duong opens up many investment opportunities for German businesses

On the morning of March 19, the Provincial People's Committee coordinated with the Southern Investment Promotion Center and the Association of German Enterprises in Vietnam to organize a conference to promote German investment in Binh Duong. Attending the conference were Mr. Nguyen Loc Ha, Standing Member of the Provincial Party Committee, Vice Chairman of the Provincial People's Committee; Becamex IDC Corporation leaders and leaders of departments and branches of the province. On the side of the German Business Association in Vietnam, there was Mr. Alexander Ziehe, Chairman of the Association; Ms. Le Quynh Anh, Executive Director of the Association of German Businesses in Vietnam.

Phó Chủ tịch UBND tỉnh Nguyễn Lộc Hà, cho biết Bình Dương luôn được đánh giá là một trong những tỉnh, thành phố dẫn đầu cả nước về phát triển kinh tế - xã hội, phát triển công nghiệp và thu hút vốn đầu tư trực tiếp nước ngoài (FDI). Lũy kế đến nay, toàn tỉnh có 4.247 dự án đầu tư từ 65 quốc gia và vùng lãnh thổ với tổng vốn đăng ký là 40,5 tỷ đô la Mỹ, chiếm hơn 8,6% tổng vốn đầu tư nước ngoài cả nước. Tuy vậy, vốn đầu tư của Đức vào Bình Dương còn khá khiêm tốn. Hiện Đức có 18 dự án đang đầu tư sản xuất kinh doanh trên địa bàn tỉnh với tổng số vốn đăng ký là 50,7 triệu đô la Mỹ. Với sự xoay trục của kinh tế toàn cầu và những nỗ lực của địa phương, Bình Dương hứa hẹn sẽ là điểm đến tiềm năng của các DN Đức.

Mr. Alexander Ziehe, Chairman of the Association of German Enterprises in Vietnam, said that Binh Duong is a successful province in attracting FDI and industrial development. The Association of German Businesses in Vietnam is emphasizing these success factors of Binh Duong to German businesses. Mr. Alexander Ziehe also proposed issues that Binh Duong needs to improve further to strongly attract FDI capital in the coming time such as: completing connecting transport infrastructure, simplifying administrative procedures, customs procedures, import and export customs clearance; regulations on granting work permits to foreigners; construction permit procedures; preferential investment tax policies, incentives when expanding business investment; Pay attention to sustainability factors such as net emissions, rooftop solar energy systems that meet green production...

Representatives of Becamex company and representatives of departments and branches of the province also shared a lot of useful information with German partners about investment attraction policies, large projects and cooperation potential in the province...

On behalf of the provincial leaders, Vice Chairman of the Provincial People's Committee Nguyen Loc Ha welcomed German investors to the province. Currently, Binh Duong is accelerating the progress of building science and technology industrial park and World Trade Center in Binh Duong new city; Building transport infrastructure to connect the region, logistics system, training high-quality labor force... Binh Duong promises to open up many new investment opportunities for German businesses in fields where Germany has strengths. such as: infrastructure construction, high technology, renewable energy, education, health care, environment... Binh Duong Province commits to always create the most favorable conditions to ensure foreign businesses in particular. general and German enterprises in particular can feel secure in investing, producing and doing business in the province.

Parkview Tower is a professional office building, a suitable location for representative offices and headquarters of German businesses in Binh Duong. Interested investors please contact +84 931 799 377 for support.

Source: Binh Duong Newspaper

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Germany investment