Binh Duong prioritizes investment in 20 projects in 2017-2020
The People’s Committee of the southern Binh Duong Province has recently announced the list of 20 projects that it will give top priorities to calling for investment in the phase of 2017-2020.
Total investment of the projects will range from VND14 trillion ($616 million) to VND16 trillion ($704 million), depending on the investment plans for the Cai Stream project in the southern province.
Transport infrastructure tops the list, with 15 projects, followed by education, training and vocational training, with three. There are also two health infrastructure projects.
The project with the highest investment, of VND4.06 trillion ($178.6 million), is Thu Dau Mot University, expected to be built in the build-transfer (BT) or build-own-operate (BOO) form or be fully private. Under the project, Thu Dau Mot University will be developed into a multidisciplinary training facility in line with the provincial research orientation.
In the education sector, there are also two other projects: Binh Chuan 2 and An Phu 2 primary schools.
A 500-bed orthopedic hospital will be built in Di An town with expected investment of VND2 trillion ($88 million), also as a BT, BOO or fully private project.
The Bus Rapid Transit (BRT) Development Project between Binh Duong New City and Suoi Tien Railway Station in Ho Chi Minh City and running through Thu Dau Mot and Di An has total investment of VND1.9 trillion ($83.6 million), with funding coming from official development assistance (ODA) or other investment models such as Public Private Partnership (PPP) and Build-Transfer (BT).
The project will expand regional links, especially those between HCM City and Binh Duong and Dong Nai provinces. It expected to address traffic congestion and improve traffic safety on the My PhuocTan Van Expressway for the development of provincial industrial services.
The province also put the project to extend Ben Thanh-Suoi Tien metro line from Ho Chi Minh City to the locality in the list of 20 projects. The prolonged metro line, which will have the total capital of VND2 trillion ($88 million), is expected to improve regional connectivity among Binh Duong, Dong Nai province and Ho Chi Minh City; solve traffic jam and ensure traffic safety for My Phuoc-Tan Van road, said the office.
Regarding the project to expand Cai Stream in Tan Uyen, there are two investment plans at two expected investment levels. The first is VND3.5 trillion ($154 million) and the second VND1.1 trillion ($48.4 million). The project is expected to be in the build-operate-transfer (BOT) or BT form.
Transport infrastructure tops the list, with 15 projects, followed by education, training and vocational training, with three. There are also two health infrastructure projects.
Fifteen out of 20 projects that Binh Duong calls for investment are in the transport infrastructure development field.
|
In the education sector, there are also two other projects: Binh Chuan 2 and An Phu 2 primary schools.
A 500-bed orthopedic hospital will be built in Di An town with expected investment of VND2 trillion ($88 million), also as a BT, BOO or fully private project.
The Bus Rapid Transit (BRT) Development Project between Binh Duong New City and Suoi Tien Railway Station in Ho Chi Minh City and running through Thu Dau Mot and Di An has total investment of VND1.9 trillion ($83.6 million), with funding coming from official development assistance (ODA) or other investment models such as Public Private Partnership (PPP) and Build-Transfer (BT).
The project will expand regional links, especially those between HCM City and Binh Duong and Dong Nai provinces. It expected to address traffic congestion and improve traffic safety on the My PhuocTan Van Expressway for the development of provincial industrial services.
The province also put the project to extend Ben Thanh-Suoi Tien metro line from Ho Chi Minh City to the locality in the list of 20 projects. The prolonged metro line, which will have the total capital of VND2 trillion ($88 million), is expected to improve regional connectivity among Binh Duong, Dong Nai province and Ho Chi Minh City; solve traffic jam and ensure traffic safety for My Phuoc-Tan Van road, said the office.
Regarding the project to expand Cai Stream in Tan Uyen, there are two investment plans at two expected investment levels. The first is VND3.5 trillion ($154 million) and the second VND1.1 trillion ($48.4 million). The project is expected to be in the build-operate-transfer (BOT) or BT form.
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.
16:27, 2024/08/24
Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years