August 10, 2023 | 19:30

Binh Duong looking to attract investors with advanced technology and governance

Song Hoàng

South-central province focusing on developing new industrial ecosystems, training high-quality human resources, and improving its investment environment, official tells a visiting delegation.

Binh Duong looking to attract investors with advanced technology and governance
Maersk hopes to expand its operations in Binh Duong.

South-central Binh Duong province is diversifying its attraction of foreign investment from markets and partners of potential, targeting transnational groups in possession of advanced technologies and governance measures, a representative from provincial authorities told a visiting delegation led by Mr. Rene Piil Pedersen, Managing Director of A.P Moller Singapore Pte Ltd (Maersk Line), on August 8.

The province seeks to promote investment and trade and hopes to cooperate with enterprises and groups that are both prestigious and socially-responsible and have long-term and suitable development strategies.

It is also developing modern traffic infrastructure and strengthening links with nearby localities. It also focuses on developing new industrial ecosystems and smart urban areas, training high-quality human resources, and improving its investment environment, and pledges to create favorable conditions for businesses.

A representative of the visiting delegation said they expect to learn in detail about the province’s industrial ecosystem and development orientations, to prepare a new investment plan for a large-scale logistics warehouse and center to serve long-term operations in Binh Duong.

A.P. Moller - Maersk is a global integrator of container logistics from Denmark. With over 100,000 staff and a presence in more than 130 countries and territories, it delivers end-to-end supply chain solutions to customers worldwide.

Maersk Vietnam was founded in 1991 and became the first wholly foreign-invested logistics company in the country. In Binh Duong, it operates five warehouse complexes on a total area of 151,000 sq m in strategic local logistics areas.

Denmark is currently ranked ninth among 65 countries and territories with investment projects in the province, with total registered capital of $1.56 billion.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
However, VnEconomy is not responsible for any translation by the Google Translate.

Google translateGoogle translate