VSIP shareholders, Becamex IDC Corporation and Sembcorp Development, are investing further in energy and utilities related solutions such as renewable energy, waste-to-energy, wastewater treatment and water recycling to drive sustainable development, resource efficiency and circular economy practices.
A small-scale rooftop solar farm has been integrated into the building structure of VSIP’s administrative office in Binh Duong province. The solar panels installed are expected to provide renewable energy and lower the carbon footprint for the building. There are plans underway to develop more rooftop solar facilities in other VSIP office buildings. At the master plan level, VSIP Binh Duong was a recipient of the Greentech Award and was the first industrial park in Vietnam to attain ISO 14001:2004 standard in 2010.
Most recently, VSIP developments in Bac Ninh and Hai Duong received Green Industrial Park certifications presented by Vietnam Association for Environmental Economics (VIASEE).
ABOUT VSIP
At 7,933 hectares, VSIP, or Vietnam Singapore Industrial Park, is amongst the largest integrated townships and industrial parks in Vietnam. With operations across the southern, northern and central economic zones, VSIP has attracted 840 companies with investments valued at US$14 billion, generating 262,000 jobs from operating tenants. VSIP’s shareholders comprise of Becamex IDC Corporation and a Singapore consortium led by Singapore’s Sembcorp Development.
ABOUT BECAMEX IDC CORPORATION
Becamex IDC Corporation was established in 1976 and after more than 40 years of formation and development, Becamex has become the leading prestigious brand in the fields of: investment and construction of industrial parks, residential areas, urban areas, and transportation infrastructure.
In the process of formation and development, the corporation has invested and established subsidiaries and affiliated companies. Currently, the corporation has 17 subsidiaries and affiliated companies operating professionally in the fields of logistics, insurance, construction, trade, real estate, services, telecommunication – information technology, concrete production, building materials, mining, healthcare and education.
ABOUT SEMBCORP INDUSTRIES
Sembcorp Industries is a leading energy, marine and urban development group, operating across multiple markets worldwide.
Its urban business has accumulated more than 25 years of experience in transforming raw land into sustainable integrated urban developments, comprising industrial parks as well as business, commercial and residential spaces. It has a portfolio of 13 private sector-led and government-supported projects in Vietnam, China and Indonesia, spanning around 11,000 hectares in these markets. Its projects have attracted over US$29 billion in direct investments, and close to 1,000 multinational and leading local corporations as tenants, delivering the economic engine for growth.
Sembcorp’s energy business has a strong track record in developing and developed markets and provides solutions across the energy and utilities value chain, with a focus on the Gas & Power, Renewables & Environment, and Merchant & Retail sectors. It has a balanced energy portfolio of over 12,500 megawatts, including thermal power plants, renewable wind and solar power assets, as well as biomass and energy-from-waste facilities.
Sembcorp Industries has total assets of over S$24 billion and over 7,000 employees. Listed on the main board of the Singapore Exchange, it is a component stock of the Straits Times Index, several MSCI and FTSE indices, as well as the SGX Sustainability Leaders Index and the Dow Jones Sustainability Asia Pacific Index.
