With the strong support of the Governments of both Vietnam and Singapore, VSIP has been developed as a joint venture between Becamex IDC Corporation and a Singapore consortium led by Sembcorp Development.
Sembcorp Development is the wholly-owned urban business of Sembcorp Industries (Sembcorp), a leading energy and urban development player driven by its purpose to do good and play its part in building a sustainable future. Headquartered in Singapore, Leveraging its sector expertise and global track record, Sembcorp delivers innovative energy and urban solutions that support the energy transition and sustainable development. By focusing on growing its renewables and sustainable urban solutions businesses, it aims to transform its portfolio towards a greener future. Sembcorp’s energy business has a balanced energy portfolio of over 12,700MW, with more than 3,200MW of renewable energy capacity comprising solar, wind and energy storage globally.
Sembcorp is listed on the main board of the Singapore Exchange. It is a component stock of the Straits Times Index and sustainability indices including the FTSE4Good Index, the Dow Jones Sustainability Asia Pacific Index and the iEdge SG ESG indices. For more information, please visit www.sembcorp.com
The Industrial Investment and Development Corporation – The Joint Stock Company (Becamex IDC Corp) was established in 1976. After more than 40 years of construction and development, Becamex IDC Corp has presently become a prestigious brand leading in the field of investment and construction of infrastructure of industrial parks, residential areas, urban areas and transport infrastructure.
In the process of formation and development, the company has merged, invested and established member companies for the purpose of increasing competitiveness. The company has 22 member companies operating in the fields of securities, finance, insurance, banking, construction, trade, real estate, services, telecommunications – information technology, production of concrete, construction materials, mining, pharmaceuticals, health and education by now.