At the investment promotion conference for the South-Central Coastal provinces held recently, Chairman of the Binh Dinh Provincial People's Committee, Pham Anh Tuan, outlined the province's goal to become a leading province in the central region by 2030. The province aims to foster connections with and positively impact the northern Central Highlands.

Binh Dinh’s economy is developing quickly, sustainably, and with a greater focus on green initiatives, driven by key growth pillars: manufacturing, tourism services, logistics and transportation, high-tech agriculture, and urbanization. Across all sectors, sustainable development is the top priority.

The province also plans to significantly improve the business and investment environment, becoming a more attractive destination for large domestic and international investors.

Chairman Pham Anh Tuan emphasized that the province would leverage its regional advantages and local potential to attract investors with advanced technology, environmentally friendly practices, and efficient use of resources, focusing on competitive products.

The specific priority investment areas include:

1. Agriculture, Forestry, and Fisheries: Priority is given to the establishment of processing plants for agricultural, forestry, and fishery products, with a focus on deep processing.

2. Industry: Infrastructure development for industrial zones and clusters, factories producing components, electric motors, automotive assembly, electric wire and cable production, and renewable energy projects (wind, solar).

3. Port Services and Logistics: Development of deep-water ports and logistics centers in Phu My District, ICD dry ports, and logistics facilities in Van Canh and Tuy Phuoc Districts.

4. Tourism: Developing tourism along the 134km coastline of Binh Dinh, with a focus on eco-tourism at Thi Nai Lagoon, Quy Nhon City, golf courses, and eco-tourism destinations such as Vinh Son (Vinh Thanh) and La Vuong (Hoai Nhon Town).

5. Urban Economy: Urban development in Nam De Gi and Bac De Gi, and areas to the east of Thi Nai Lagoon in Quy Nhon City.

6. Healthcare and Education: Investment in international hospitals and bilingual international schools.

7. Information Technology: Encouraging investments in software production, big data centers, semiconductor component projects, artificial intelligence (AI), and cybersecurity.

Chairman Pham Anh Tuan assured that Binh Dinh would provide comprehensive support for investors from conceptualization, investment opportunity exploration, and project development, to the quick and efficient implementation of operations. The province aims to create the most favorable business environment for investors while ensuring environmental protection remains a top priority.

At the conference, Chairman Pham Anh Tuan handed over investment decisions for five projects, with a total registered capital of nearly 2,000 billion VND.

The projects include a biomass pellet and wood processing factory in Van Canh District by Nhon Tan Warehouse Development Investment Co., Ltd.; a wood and handicraft processing factory in Hoai Chau (Hoai Nhon Town) by Kim Thanh Lap Forestry JSC; a packaging paper factory in Nhon Hoa Industrial Park (An Nhon Town) by Hoang Ha Binh Dinh Paper JSC; another packaging paper factory in Nhon Hoa Industrial Park by Phu An Thanh Binh Dinh Co., Ltd.; and a high-grade aluminum and iron production factory in Cat Nhon Industrial Cluster (Phu Cat District) by Phu Tai Binh Dinh Co., Ltd.

The Binh Dinh Provincial People's Committee also signed cooperation memorandums with C+ Consulting and Investment JSC to promote investment in the high-tech automotive industry and Eurorack Mechanical JSC to develop mechanical factories for auto components and export-oriented mechanical equipment.

Ho Giap