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Submitted by honghanh on Sat, 08/23/2008 - 13:10
More than 50 Singaporean companies specialising in industry, commerce, services, construction and banking visited southern Binh Duong province on August 22 to seek investment opportunities.

Vice Chairman of the provincial People’s Committee Tran Van Loi introduced to the Singaporean businesses the province’s potential for economic development and policies to attract domestic and foreign investors.

 

He said currently Binh Duong gives incentives to investment projects in property development, which is attractive to Singaporean businesses.

At a working session with the province, Chua Thian Poh, President of the Association of the Chinese’s Businesses in Singapore, said that his delegation was impressed by Binh Duong’s rapid economic development in the recent past.

During the visit, the businessmen hoped to get information which enable them to develop detailed plans to invest in Binh Duong, he said.

Singapore is the 2nd largest foreign investor in Binh Duong after Taiwan.

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