SIGNING FUNDING CONTRACT FOR BECAMEX VSIP BINH DINH INDUSTRIAL PARK

With the speech at The Event, Mr. Nguyen Quang Dong, Director of BIDV showed the great attempts from Bank Leadership in long negotiation with Becamex Leaders before signing the contract. And the contract signing event was the good result of not only BIDV but Becamex as well. Mr. Nguyen Van Lang, General Director of Becamex Binh Dinh expressed his thanks to Leaders of Binh Dinh Province, BEZA and BIDV for kind attentions to the Project so far. With the above capital contract, Becamex Binh Dinh would have more preferential conditions to fulfill the first phase of Becamex VSIP Binh Dinh Industrial Park in order to timely answer the area demands from investors to set up their factories within the year 2021.
According to Mr. Phan Viet Hung, Permanent Deputy Director of BEZA,  Becamex VSIP Binh Dinh Industrial Park was not only the important project of BEZA but also the top key project of the whole Binh Dinh Province. That was the reason why Binh Dinh Provincial Leaders were always paying close attention during the preparation and execution period. The completion of 145 hectares with full technical infrastructure of the first phase of Industrial Park would be the first important element in attracting industrial projects. He believed that with the famous and strong trademark of Becamex, many international investors would come to the IP together with high quality projects and give the significant contribution to the socio – economical process from Binh Dinh Province.
With The Ground Breaking Ceremony in September 2020, Becamex VSIP Binh Dinh Township and Industrial Parks would cover an area of 1,425 hectares with total investment capital of USD 144 million located in Van Canh District, part of Nhon Hoi Economic Zone (NEZ), in which 1,000 hectares of IPs would be invested and developed by Becamex IDC Group and its important Singaporean partner – SemCorp Development Group. The first phase of 145 hectares was expectedly finished to serve secondary investors within September of this year. Total investment capital for this phase was about USD 25.4 million in which BIDV would partly and timely support to Becamex to get their target.