The windy and sunny land of Binh Thuan is different from other localities, this is also the strongest attractive resource for investors in the current economic trend. Recently, at the Announcement Ceremony of Binh Thuan Provincial Planning for the period 2021 - 2030, with a vision to 2050, investors commented that Binh Thuan province has many special potentials to develop tourism, industry, real estate and renewable energy...
Promoting potential, improving investment environment
Binh Thuan is located on the North-South economic corridor, connecting the South Central Coast, Southeast and Central Highlands sub-regions. Binh Thuan is considered an ideal destination for investors with new potentials and opportunities. In order to take advantage of and optimize development potentials, over the past years, the province has made efforts to enhance the province's competitiveness and strongly improve the investment and business environment. At the same time, Binh Thuan province has also carried out many administrative reforms and actively prepared conditions for facilities, infrastructure, etc.
At the Announcement Ceremony of Binh Thuan Provincial Planning for the period 2021 - 2030, with a vision to 2050, Mr. Doan Anh Dung - Chairman of the Provincial People's Committee shared: Binh Thuan will continue to synchronously perfect mechanisms and policies; determined to reform administrative procedures, improve the investment and business environment, enhance competitiveness; in which, taking people and businesses as the center of service. "The province will mobilize to the maximum and effectively use State, private and social resources to promote investment in developing a synchronous and modern infrastructure system; continue to focus on attracting investment, focusing on developing 3 pillars: Industry, services and agriculture...", the Provincial Chairman emphasized.
Also at the announcement ceremony, many investors commented on the development potential of Binh Thuan province. Mr. Vo Hong Thang - Director of consulting services and project development of DKRA shared: Binh Thuan is one of the provinces with many advantages. Firstly, Binh Thuan has many beautiful beaches and especially in recent times, the infrastructure has begun to be completed, especially the expressway, connecting Ho Chi Minh City and the Southeast regions as well as the North - South expressway system, along with Long Thanh airport being deployed vigorously. Therefore, Binh Thuan has many great advantages to attract tourists as well as investors to come here to learn and invest in real estate as well as supporting industries. In addition, the announcement of Binh Thuan province's planning will provide a clearer direction for investors, thereby investors will clearly identify the values as well as investment needs, they will boldly invest when there are clear policies, especially in the context of legal issues that real estate businesses are very concerned about. "For businesses, we are currently trying to find investment opportunities in Binh Thuan and especially the issue of residential real estate and tourism real estate in Binh Thuan," said Mr. Thang.
Mr. Dennis Ng Teck Yow - General Director of Novaland said: “Our company has been implementing the NovaWorld Phan Thiet Sea Tourism and Entertainment Urban Area since 2019 and expects this to be a leading new destination not only in Vietnam but also a bright spot on the regional tourism map with competitive advantages such as new amenities, unique and novel entertainment venues. We will strive to accompany the night-time economic development project of Binh Thuan province with the full presence of commercial and service activities, culture, entertainment, food and beverage services, shopping and tourism services at night; thereby contributing to the socio-economic development of Binh Thuan in general and Binh Thuan tourism in particular, continuing to create job opportunities for local people and areas towards the goal of sustainable development”.
Attractive destination for investors
Not only tourism, real estate in many fields such as forestry, renewable energy, industry... are also fields that investors highly appreciate for their development potential in Binh Thuan.
Mr. Pham Thai Binh - General Director of Dong Sai Gon Industrial Investment and Development Joint Stock Company shared: Binh Thuan has a lot of potential in terms of airports, seaports, highways and those conditions have converged to create a great driving force for Binh Thuan to develop. "Binh Thuan also identifies the potential of three main pillars: development of industry, services and agriculture. Particularly, Becamex IDC Corporation is a unit with experience in developing the field of urban industry and services. Recently, the Corporation has also been approved by the Prime Minister for the Son My 2 Industrial Park in Binh Thuan with an area of 468 hectares. That is the first stage for Becamex Corporation to develop and invest strongly in Binh Thuan with the entire project being Ham Tan La Gi Urban Service Industrial Park. We hope that in the near future, everything will be implemented. Binh Thuan province will support businesses as investors in a favorable way like in the past time", Mr. Binh expected.
Regarding the renewable energy sector, Mr. Joe Uddo, President of AES Vietnam - Investor of the Son My LNG port project, said that with its advantages in geographical location, natural conditions and human resources, Binh Thuan has many opportunities to develop the green energy sector. AES is the largest US investor in the energy sector in Vietnam and the Son My LNG port project plays an important role in contributing to Vietnam's future energy. "The gas volume of the plant will be enough to supply energy for 15 million families. The construction of the plant will create more than 1,500 jobs and contribute to improving the quality of life for the people. Our project in Binh Thuan also creates opportunities for technology and knowledge transfer, creating long-term differences in the energy sector," Mr. Uddo shared.
It can be said that Binh Thuan today is like the words of the Provincial Party Secretary Duong Van An once compared: "In the past, Binh Thuan was a charming girl but in a remote, isolated, harsh area, so few people paid attention to her. Today, that girl grows up to be more beautiful, her accommodation and travel are convenient, her house is more spacious, every boy wants to come."
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