Becamex IDC won the title of the most prestigious industrial real estate company in Vietnam for the third time in a row

DNHN - Becamex IDC Corporation was named the most prestigious industrial real estate company in Vietnam for the third consecutive year on April 7 and ranked among the Top 10 most prestigious real estate firms in 2023.

"Top 10 prestigious real estate companies" is the result of independent and professional research conducted by Vietnam Report by scientific and objective criteria to recognise and honour businesses. The pillars of the real estate industry have been doing their utmost to achieve numerous successes in production and business activities, brand-building, demonstrating solid bravery with stable financial capacity and exhibiting excellent resiliency in the real estate industry. In the past year, the global economic environment has been volatile. The evaluations and ratings are based on the following three primary criteria: Indicated by the most recent year's financial statements; Media credibility is evaluated using the Media Coding method, which entails encoding articles about the company published by influential media outlets. In February and March of 2023, a stakeholder survey was conducted.

Becamex IDC, which has more than 30 years of experience in the field of industrial and urban infrastructure development, has been ranked among the top 10 most prestigious real estate companies for the past decade. In addition to its outstanding achievements in Binh Duong, Becamex IDC has also made significant contributions to the socio-economic development of many provinces and cities across the country, through the Government's policy and the cooperation programme between the two countries. In the past, Becamex IDC Corporation has been a leader in the implementation and deployment of the Industrial - Urban - Service development model, having formed the Industrial Park Joint Venture Company with Singaporean partners. Vietnam-Singapore (VSIP) (VSIP). This is a strategic move with a reputable partner who has experience implementing projects on a global scale, with a particular emphasis on attracting and promoting industrial investment in Vietnam. The global scale has helped Binh Duong learn about Singapore's industrial development, not only in the realm of infrastructure, but also in terms of promoting trade, expanding its marketing, and enhancing its investment promotion system. province internationally.

According to research by Vietnam Report, the social housing segment tends to explode when people's needs increase, and the project "Invest in constructing at least one million social housing apartments for low-income people, industrial park workers from 2021 to 2030" has a positive signal. The addition of millions of social housing units will solve the current housing market problem, which is "overabundant in the upper segment and deficient in the lower segment." Becamex IDC has always prioritised the development of industrial zones (IZs) associated with urban areas, commerce - services, social housing, resettlement areas, and a transportation ecosystem. Information, health, culture, sports, and education of the highest quality, catering to the needs of all investors. This comprehensive ecosystem development model for the development of industrial zones is the differentiating factor, generating the highest added value for investors and residents throughout the region.

In addition, Becamex IDC has been promoting strategic cooperation with major domestic and foreign partners, thereby applying the experience and capabilities of the parties to develop jointly, such as Cooperation with the Group Sembcorp (Singapore) in the field of industrial development, attracting foreign investment; Tokyu Corporation (Japan) to promote urban development - services; NTT Corporation (Japan) in the field of information technology and telecommunications; and Tokyu Corporation (Japan) to

Recently, the provincial People's Committee coordinated with Becamex IDC Corporation to organise the Binh Duong event: Launch-Connection-Development. The Vietnam-Singapore Industrial Park Joint Venture Company signed a research-cooperation-development agreement with nine provinces, including Tay Ninh, Binh Thuan, Thai Binh, Nam Dinh, Ha Tinh, Binh Phuoc, Khanh Hoa, Thua Thien-Hue, and Thanh Hoa, at the event. Concurrently, Becamex IDC Corporation and Deo Ca Group signed a strategic cooperation agreement for the future development of transport infrastructure.

During a working visit to Binh Duong in March, Mr Le Minh Khai, Secretary of the Party Central Committee and Deputy Prime Minister, highly praised the contribution of Becamex IDC Corporation in the sensitive selection and transformation of the development model, creatively applying international models to the reality of Vietnam and Binh Duong alone, and especially how this model has spread to many provinces and cities across the country, including Nghe An, Bac Ninh, and Quang Ngai. Becamex IDC not only coordinates the development of green industrial park infrastructure in these regions but also intends to implement a complex model of growth. The development of urban centres and services will attract thousands of investors, generate millions of jobs, and contribute to the ssocio-economicdevelopment of Binh Duong and other provinces and cities around the world.

The achieved results are tangible evidence of the company's success in overcoming the typical challenges of the real estate industry in the recent past through the use of stable financial strength, constant effort, dynamism, creativity, and sustainable development. Becamex IDC can become one of the proactive and adaptable companies to restructure, restructure investments, change business strategies, and adopt new technology standards and market trends to create a growth breakthrough in the new economic cycle. Consequently confirming its position and reputation as a pioneer in the industrial real estate sector.

Hoang Thu