Singaporean Leading Companies Eye Binh Duong

More than 50 Singaporean leading companies in industry, commerce, services, construction and banking from visited southern Binh Duong province on Aug. 22 to look for investment opportunities.

Working with the province’s leaders, Chua Thian Poh, President of the Association of the Chinese’s Businesses in Singapore, said that his delegation was impressed by Binh Duong’s rapid economic development in the recent past.

During the visit, the businessmen hoped to get important information which enable them to develop detailed plans to invest in Binh Duong, he said.

Tran Van Loi, Permanent Vice Chairman of Binh Duong People’s Committee, informed the delegation about his province’s advantages for economic development, infrastructure construction and domestic and foreign investment.

The Management Boards of Industrial Zones in Binh Duong and the Becamex IDC Company also informed the Singaporean delegation about the land planning in the province’s IZs.

Binh Duong currently gives incentives to investment projects in property development, which is attractive to Singaporean businesses.

Singapore is the 2nd largest foreign investor in Binh Duong after Taiwan.

Source: VNA

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