In total, 31 companies have expressed interest to locate factories and warehouses at the VSIP III – Binh Duong, equivalent to 176 hectares of land and US$1.8 billion of potential investment capital.
With the VSIP III – Binh Duong groundbreaking, VSIP Group is now involved in the developments of 11 integrated townships and industrial parks across Vietnam. From the first VSIP in Thuan An city, the total gross land bank of VSIP Group has increased to nearly 10,000 hectares in the southern economic corridor’s Binh Duong province, the northern’s Hai Phong City, Bac Ninh and Hai Duong provinces, and the central region’s Quang Ngai, Nghe An, Binh Dinh and Quang Tri provinces. VSIPs host 880 customers from 30 countries and territories, with total investment capital of USD 15.7 billion and 293,000 workers.
VIETNAM, March 19, 2022 – The third VSIP in Binh Duong province held its groundbreaking ceremony today in Tan Uyen Town. The event was attended by Vietnam Prime Minister Mr. Pham Minh Chinh and Binh Duong provincial leaders, signifying the continued support of the Vietnamese government for the well-established VSIP projects as a driver of industrial development in the country.
The 1,000-hectare VSIP III – Binh Duong marks a significant new milestone for VSIP Group as it executes a strategic transformation to more sustainable developments. Envisioned to be the model of a smart and sustainable industrial park, VSIP III – Binh Duong is designed to incorporate smart technology across the park’s operations, from its energy, water and waste use, to traffic and security management. The use of real-time tracking devices to remotely monitor, analyze and optimize performance, allow for enhanced visibility over operations – making the park more secure, reliable and efficient for customers and workers. The project’s 100-hectare first phase is also pre-qualified to meet Singapore Building and Control Authority’s (BCA) Green Mark certification for industrial districts, making it one of the greenest and most sustainable workplace environments in Vietnam.
