On the side of Binh Duong province, there were Mr. Nguyen Van Loi - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation; Mr. Bui Minh Tri - Vice Chairman of the Provincial People's Committee.
At the ceremony, Singaporean Prime Minister Lawrence Wong and Prime Minister Pham Minh Chinh, along with leaders of ministries, sectors and localities of Vietnam and Singapore, witnessed Sembcorp Development and its joint venture partner Becamex IDC and localities sign a Memorandum of Understanding to study cooperation and develop VSIP projects in the South in Binh Duong province as well as in the North in Hai Phong city, Hung Yen province and Hai Duong province.
Singapore Prime Minister Lawrence Wong and Prime Minister Pham Minh Chinh, along with leaders of ministries, sectors and localities of Vietnam and Singapore, witnessed Sembcorp Development and its joint venture partner Becamex IDC and localities sign a Memorandum of Understanding to study cooperation and develop VSIP projects in the South and North.
The MoUs reaffirmed the shared goal of creating an optimal environment in VSIP industrial parks with the necessary infrastructure and resources to attract and support high-tech manufacturing activities. The support from the two countries’ senior leaders underscored the strategic role of VSIP in the bilateral and economic cooperation between Vietnam and Singapore.
Leaders of the Governments of Vietnam and Singapore and delegates performed the groundbreaking ceremony of VSIP in Thai Thuy district, Thai Binh province.
Alongside the MoUs was the groundbreaking ceremony for VSIP Thai Binh’s 333-hectare project in Thai Thuy District, Thai Binh Province. Strategically located in the growing industrial ecosystem of Northern Vietnam, VSIP Thai Binh is positioned to become an important satellite industrial park, supporting a network of major manufacturers and suppliers in high-value sectors such as electronic components, precision engineering and renewable energy.
Established in 1996, VSIP is based on the common economic cooperation platform of the Governments of Vietnam and Singapore. VSIP projects are implemented through a joint venture between Becamex IDC of Vietnam and Sembcorp Development, owned by Sembcorp Industries, Singapore. VSIP Group is currently developing 20 urban, industrial and service areas across Vietnam with a total area of 12,000 hectares. VSIP supports more than 1,000 customers from 30 countries and territories with a total investment of 23.4 billion USD.
Source: https://www.binhduong.gov.vn/Lists/TinTucSuKien/ChiTiet.aspx?ID=15877
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