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Vietnam Today

Binh Duong announes investment for 20 projects in 2017-2020

Released at: 15:01, 02/10/2017

Binh Duong announes investment for 20 projects in 2017-2020

Binh Duong province's Song Than Industrial Park (Source: dntm.vn)

Total investment to be from $600 million to $700 million in new projects in the southern province.

by Hai Van

The Binh Duong Provincial People’s Committee has announced 20 projects that have attracted investment from 2017-2020.

Total investment 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.

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 in a form proposed by the investor.  

The project will expand regional links, especially those between Ho Chi Minh City and Binh Duong and Dong Nai provinces. It expected to address traffic congestion and improve traffic safety on the My Phuoc - Tan Van Expressway for the development of provincial industrial services.

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.

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