Since February 2023, Becamex IDC has been collaborating with the World Bank and technical advisory firm KPMG to carry out a feasibility project on the development opportunities of an eco-industrial park (EIP) for the Bau Bang urban area – service – industrial park. During this period, the expert teams from the World Bank, KPMG, and Becamex have accomplished a substantial amount of work. This includes conducting field surveys in Becamex’s industrial parks in Binh Duong, particularly in Bau Bang, directly interviewing businesses operating within the industrial parks, exchanging information with utility service providers such as electricity, water, telecommunications, etc., to understand the needs and current situation of all parties involved. The teams have processed and analyzed the collected data and information, engaged in discussions, and formulated action plans to build a truly sustainable EIP in the future.

The Conference at Binh Duong Convention & Exhibition Center (BCEC).

Based on the research and feasibility study results on the development potential of the eco-industrial park (EIP) in Binh Duong, conducted by Becamex IDC in collaboration with the World Bank and KPMG, a conference was organized at the Binh Duong Exhibition and Convention Center (BCEC). The conference served as a platform to present the outcomes of the study and share insights on the potential of EIP development in the region.

The conference was attended by Mr. Mai Hung Dung, Vice Chairman of the People’s Committee of Binh Duong Province; Mr. Nguyen Van Hung, Chairman of the Board of Directors of Becamex IDC; and Ms. Nah Yoon Shin, a private sector specialist from the World Bank.

Delegates from Binh Duong point (from the left to the right): Mr. Nguyen Van Hung; Mr. Mai Hung Dung; Ms. Nah Yoon Shin

Also present at the Binh Duong point were Ms. Vuong Thi Minh Hieu, Deputy Head of the Management of Economic Zones Department – Ministry of Planning and Investment; Mr. Nguyen Hoang Giang, Deputy Head of the Planning – Finance Department – Ministry of Industry and Trade; Mr. Pham Ngoc Thuan, CEO of Becamex IDC; Mr. Dang Quang Vinh, Senior Specialist of the World Bank in Vietnam; Ms. Apurba Mitra, a partner from KPMG India, as the project leader, leaders and representatives of companies in industrial parks, service providers in industrial parks; and partners of Becamex IDC and the World Bank.

Participating online from Washington, DC, USA, were Mr. Marcin Piatkowski, Chief Economist; Mr. Etienne Kechichian, Senior Economist of the Finance Sector; and Mr. Dario Quaranta, a senior operational officer from the International Finance Corporation (IFC), a member organization of the World Bank.

Mr. Pham Ngoc Thuan, CEO of Becamex IDC, shared his speech at the Conference.

The program also provided valuable information on assessing the current situation and regulations of industrial parks in Vietnam, as well as the barriers encountered in implementing EIPs. Based on these insights, appropriate recommendations and proposals were made for investors, businesses, and local authorities, aiming to create a favorable environment for EIP deployment in Vietnam, with a particular focus on the Bau Bang urban area – service – industrial park.

This program was successfully organized through WTC’s service of a hybrid format coming in-person and online with multilingual interpretation (EN-VN-CN-KR-JP).