Facilitate business operations

In order to create the most favorable conditions for businesses to invest in Binh Thuan, in recent years, the province has focused on investing in and developing telecommunications infrastructure, expanding mobile coverage, fixed telephone networks, and ADSL Internet access services, improving quality, meeting the needs of production and business activities of businesses. The province has also focused on solving difficulties for businesses in the fields of compensation, resettlement, construction planning, land allocation, land lease, business registration, and focused a lot of efforts on drastically implementing administrative reforms to serve businesses, considering this a breakthrough to improve the investment and business environment. The province has also identified industrial development as one of the three economic pillars of the province until 2025.

To realize the goal of becoming an industrial province, the province has also made efforts to improve the investment environment and enhance competitiveness to attract businesses and large companies. In fact, the province has proposed solutions to adjust the planning of industrial parks in accordance with the overall planning for socio-economic development of the province in the period of 2021 - 2030 with a vision to 2050. Therefore, up to now, about 16,000 billion VND has been invested in industrial parks, 9 industrial parks have been approved by the Government with an area of ​​3,048 hectares. Of which, 6 industrial parks have been invested in complete infrastructure, the remaining 3 industrial parks with a scale of 1,910 hectares are in the investment preparation stage. Currently, the industrial parks have attracted 86 valid secondary investment projects with a total investment capital of nearly 16,000 billion VND and more than 700 million USD of industrial land for lease, with an area of ​​270.9 hectares. The occupancy rate of the invested industrial parks is 37%, of which 66 projects have been put into production and business operations... The industrial parks have made great contributions to the province's growth in recent times.

Attracting investment in production and business

The province's goal by 2025 is to complete the infrastructure of 6 existing industrial parks, invest over 70% of the infrastructure volume of Tan Duc Industrial Park, Son My 1 Industrial Park, Ham Tan - La Gi Urban - Service Industrial Park (phase 1). Thereby attracting investment to fill 100% of the land area for lease in Phan Thiet 2 Industrial Park; 78% of the land area for lease in Ham Kiem 1 Industrial Park, Ham Kiem 2 Industrial Park and reach over 30% of the land area for lease in Tan Duc, Tuy Phong, Song Binh, Son My 1, Son My 2 Industrial Parks. By 2030, complete the investment in infrastructure of existing industrial parks. Establish a number of high-tech industrial parks. On that basis, the province will have a plan to rearrange the industries of some industrial parks in the direction of specialization, high-tech product orientation, selective non-pollution industries, in order to create favorable conditions and an attractive investment environment for domestic and foreign investors...

To achieve that goal, the province has removed traffic bottlenecks, opening up new opportunities, connecting Binh Thuan with the key economic region of the South, creating conditions to promote sustainable development and attract domestic and foreign investors in potential and advantageous fields of the province such as tourism, renewable energy, green agriculture, creating momentum for socio-economic development for the province. In addition, the province has done a good job of reforming administrative procedures, especially the implementation of procedures after granting investment registration certificates such as land, construction, fire prevention and fighting, environment, customs, etc. Rectifying and enhancing responsibility in handling the work of departments, branches, agencies, units and localities. Continue to improve the investment environment, reform policies in a business-friendly direction, enhance the capacity to solve difficulties and problems for investors, innovate and diversify investment promotion activities, promote online investment connection activities. With the province's potential and advantages in terms of land, mineral resources, agriculture - forestry - fishery, abundant labor resources, basic investment in traffic infrastructure, along with the strong leadership and direction of the provincial leaders, in the coming time, the province will attract many new investment projects, soon fill industrial parks, contributing to promoting socio-economic development in the province, becoming a destination for domestic and foreign investors in the fields of production and business.