Bình Phước

Location: Binh Phuoc is a province in the transitional region of the Central Highlands with the Southeast region, 110 km from Ho Chi Minh City to the northwest, adjacent to Cambodia with 240 km border line and Hoa Lu international border gate. Dong Xoai city is the provincial capital.

Area: 6,871.54 km². Alkaline, alluvial, basalt soils are suitable for industrial crops and agriculture (rubber, cashew, pepper).

Population (2019): 997,766 people. 597,350 labors.

GRDP (2019): 8.48%

GRDP per capita (2019): USD 2,696

Infrastructure:

Road: National highways No.13 and No.14 connecting Binh Phuoc with Ho Chi Minh City, the Southeast region and the Central Highlands.

Railway (Plan): The Trans-Asia railway goes through Hoa Lu international border gate, connecting with the railway to Ho Chi Minh City and the Southwestern provinces. The Binh Phuoc – Ba Ria Vung Tau railway is 170 km long and can be linked an additional 80 km from the Binh Phuoc province to the Dak Nong province.

Industrial parks: Total 14 industrial parks with an area of ​​7,129.73 ha.

Infrastructure rent (reference): 60 ~ 90 USD/m²/term.

FDI: As of August 2020, Binh Phuoc has 298 valid FDI projects (USD 2.88 billion).

Typical FDI Investors: C.P (Thailand), Far Eastern Investment (Taiwan), Color & Touch (Korea).

Attractive investment sectors: Binh Phuoc focuses on attracting investment in manufacturing industry; Agriculture, food processing; Tourism, health, education, trade; Waste treatment.

 Comparative advantages: 

Binh Phuoc has roads connected to Cambodia’s national road No.7, and easily connected to Laos and Thailand. Therefore, Binh Phuoc has favorable conditions for developing border trade.

– Specialties: Cashew, pepper, coffee, rubber, Tan Thanh tangerine, Ba Dao durian, Loc Ninh jackfruit, Ma Duong avocado, Thanh Luong longan.

– Cultivation: Binh Phuoc is the largest area in ​​the whole country in terms of rubber (241,014 ha; 365,696 tons/year), being a source of raw materials for developing high-value industrial production such as tires, mattresses, technical rubber. Other key crops include: Cashew (137,368 ha; 140,688 tons), pepper (17,198 ha; 30,076 tons), coffee (15,031 ha; 31,828 tons), cassava (369,518 tons), sugarcane (212,928 tons), durian (7,340 tons), banana (6,855 tons).

– Animal husbandry – Aquatic products: Animal husbandry in Binh Phuoc grows stably with 883,622 pigs, 39,418 cows, and 13,402 buffaloes. Freshwater aquatic product output reaches 5.28 million tons/year.

– Tourism: Binh Phuoc has many natural landscapes hidden in immense forests such as Mo waterfall, Soc Xiem lake, Ba Ra mountain, Suoi Lam relic, Bu Gia Map primitive forest, Cat Tien national park, which are very suitable for investing and developing ecotourism.
– Renewable energy: Binh Phuoc has 39 solar power projects with a total capacity of 3,506 MWp