WHAT DO I SEE FROM FOREIGN INVESTMENT DATA IN BINH DUONG?

Aug 16, 2021

According to Investment newspaper:

“On May 21, Binh Duong Provincial People's Committee awarded investment certificates and adjusted investment for 5 FDI ​​projects with a total capital of nearly 1 billion USD. In which, Far Eastern Polytex (Vietnam) Co., Ltd., belong to Far Eastern Group increased capital by 610 million USD to expand the project of producing polyester synthetic fiber products, spinning products in Bau Bang Industrial Park.

Our Comment:

Far Eastern's project will make the garment industry in Binh Duong, which has been developed for a long time, become more vibrant, making the garment supply chain in Binh Duong more and more complete. However, currently, according to the provincial planning, Bau Bang Industrial Park is capable of receiving industries with high pollution levels such as industries with dyeing, plating, leather shoes, etc.

Therefore, the expansion of Far Eastern's production will limit the reception of industries with wastewater in Bau Bang when the wastewater treatment plant of Bau Bang Industrial Park is already operating at full capacity. So where should a new FDI investments rent a factory or buy land? (see attached picture)

Please contact us for advice on land, factory for sale/lease in Binh Duong at (+84) 90806 9399.