- Green Growth
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For many years, real estate entrepreneurs considered Binh Duong New City as a "blue city” as it was empty of residents, although the transport and housing infrastructure have been finished. However, times have changed and this new city has affirmed its role as the political-economic-cultural centre of Binh Duong province.
The Binh Duong New City project was approved by the government with the main work items including a centralised political and administrative centre, a high-tech park of Mapletree Investments Pte., Ltd. (Singapore), Eastern International University, an international school by Kinderworld Education Group (Singapore), commercial, financial, and banking centre, catering areas, senior conference areas, A-class offices, and high-quality residential area (apartments, villas) provided for 125,000 residents and over 40,000 people regularly coming to work.
The project is invested by Investment and Industrial Development Corporation (Becamex IDC). With its favourable location, Binh Duong New City will be a gateway of international connection and commercial and service exchange as well as technological exchange and transfer at the most advanced levels.
In order to implement this megaproject by 2020, Becamex IDC calculated the total capital needed to be more than VND200,000 trillion, roughly $10 billion.
|Binh Duong New City is gradually showing up as a modern, green, clean, and environmentally friendly city|
|Company offices and shops are popping up at the up and coming urban area|
|Homes that have been vacant for many years are being readied for new occupants|
|Families are moving in to Binh Duong New City|
|Binh Duong New City offers high-class education at many prestigious domestic and international schools|
In the orientation of building and developing a smart urban area, Binh Duong New City is defined as the nucleus of the Binh Duong smart area. It will be a place to focus on applying smart solutions.
The dynamic and friendly image of Binh Duong has reached increasing numbers of international partners and friends to become an ideal destination to organise important foreign economic events in the province.