Tan Uyen City will become a typical smart city of Binh Duong after a ceremony on April 12, 2023

DNHN - Tan Uyen town held a ceremony on April 12, 2023, to declare the National Assembly Standing Committee's Resolution on the establishment of Tan Uyen City within Binh Duong province.

Following the establishment of Tan Uyen City, Binh Duong province consists of 4 cities, 1 town, 4 districts, and 91 communes. Binh Duong will become a city directly under the Central Government and the first province to be planned as a city by the entire province by 2030. This is a very swift step.

In addition to Thu Dau Mot, Thuan An, Di An, and Tan Uyen, this is the fourth city directly under Binh Duong province. The established city of Tan Uyen is anticipated to make significant advances in socio-economic development, urbanisation, and transport infrastructure, aspiring to become a Binh Duong-type smart city.

Strong industrial growth is observed in Tan Uyen.

Tan Uyen, a locality in the southeast of Binh Duong, is adjacent to four communities in the provinces of Binh Duong and Dong Nai. This is advantageous for attracting industry, services, and commerce investment to this region.

In 2018, after attaining the urban standard of grade 3, Tan Uyen's economy flourished on the strength of its industrial sector. The local economic growth rate has consistently been in double figures for many years.

Now that ideal is a reality, Tan Uyen is entirely converging the factors of economic growth, FDI, population, and infrastructure... to break through with the city's roadmap before 2025.

With its advantageous geographical location, Tan Uyen City is an important region of the province in terms of politics, the military, the economy, culture, and society, and is a magnet for investment in industries such as manufacturing and services. utility, commerce. In the city, there is an external transportation system that facilitates commerce and the transport of products to the southern provinces and cities; the Thanh Phuoc Riverport provides numerous new opportunities in the logistics sector.

Tan Uyen has been at the forefront of the province's industrialization and modernization throughout the years. The average annual economic growth rate is approximately 12.57 per cent, with the developed industry leading the way.

Presently, the city of Tan Uyen is home to two industrial parks, three industrial clusters, 1,866 domestic enterprises with a total registered capital of 32,560,507 billion VND, and 637 foreign enterprises with a total registered capital of USD 5,297.55 million. The economic structure of industry, commerce, and services is in proportions of 64.17 per cent, 34.6 per cent, and 1.23 per cent, respectively. Industrial and construction output is projected to reach 32,996 billion VND in 2022, an increase of 12.08% over the same period in 2021.

Tan Uyen City currently has two Vietnam - Singapore Industrial Park projects, the largest in Binh Duong and the entire country, VSIP II with a scale of 2,045 hectares and VSIP III with a scale of more than 1,000 hectares, with an anticipated total infrastructure investment of 6,407 billion dongs.

The Lego Group (Denmark) broke ground on a $1 billion factory construction project on November 3, 2022. This is the largest investment project in the company's history. Denmark to Vietnam. LEGO Christiansen stated, "This is a significant milestone for the group, as this is the sixth factory worldwide and the first carbon-neutral LEGO factory."

The fact that LEGO built such a large factory indicates that the position and function of Tan Uyen City will increase in significance shortly, as Binh Duong strives to transform the entire province into a centrally-affiliated city.

The VSIP III industrial park will be approximately 1,000 hectares in size, and the total infrastructure investment is anticipated to exceed 6,400 billion VND. There are approximately 31 domestic and international companies investigating the possibility of product development in this area, which would require 176 hectares of industrial land and an expected investment capital of USD 1.8 billion.

The value of Tan Uyen's trade-service sector is estimated to be 17,795 billion VND, a 23.15 per cent increase compared to the same period in 2021. Forestry accounted for a small portion of the agricultural sector. The production value increased by 2.91 per cent over the same period in 2021, reaching 636 billion VND.

Tan Uyen defines the development orientation for the period 2021 to 2025 as the exploitation of new advantages and potentials and the mobilisation of maximal resources to invest in the development of socioeconomic-technical infrastructure in the direction of public development. Industry - service - urban area - urban agriculture; promote the growth of commerce - service, laying the groundwork for Tan Uyen City to become an urban service centre after 2025.

Tan Uyen can become the new development hub of Binh Duong as a result of its advantageous accessibility and industrial activity. The overarching objective of Binh Duong is to develop Tan Uyen City into a major centre in the south of Binh Duong province for industry, commercial services, finance, and culture - tourism; a modern new urban area that meets the socio-economic development needs of Binh Duong province and attracts people from Ho Chi Minh City to live and work there. It is a significant transport centre for the province and region.

Making Binh Duong a livable and intelligent city

According to the Secretary of the Provincial Party Committee of Binh Duong, Nguyen Van Loi, the promotion of Tan Uyen to city status will create favourable conditions for the development and contribution of its citizens to the province and region. This region has an established economic structure, with industry, construction, and services accounting for ninety per cent of annual budget revenues.

Currently, in the city of Tan Uyen, there are two industrial parks, VSIP II and VSIP 3, as well as three industrial communities and 1,500 businesses. Mr Loi stated, "Binh Duong aims to become a high-tech industrial economic centre and a smart city by 2030., civilised, and livable." The province is currently constructing and upgrading several significant projects, as well as concluding the urban transport infrastructure in the region.

The province of Binh Duong's ambitious transportation plan has a significant impact on the city of Tan Uyen. Numerous significant infrastructure projects such as Nam Uyen Hung Boulevard, Ring 4, Uyen Hung - Thu Dau Mot Boulevard; numerous provincial roads such as DT 741, DT 742, DT 745, DT 746, and DT 747... have been implemented to connect Tan Uyen with neighbouring localities, creating a convenient and modern transport system, bringing Thu Dau Mot, Bien Hoa, Ho Chi Minh City, etc. closer to Tan Uyen.

Investment infrastructure is excessively robust, and Tan Uyen will promote its strengths to attract substantial domestic and international investment capital. Especially due to its advantageous geographical location and robust industrial growth, Tan Uyen will become a community with a high demand for housing, making the local real estate market more appealing to investors. invest.

Tan Uyen is on its way to becoming a typical smart city of Binh Duong, which will make Binh Duong an essential development pole of the Southern Key Economic Zone and the entire nation.

In the not-too-distant future, Ben Cat town will be home to a significant number of industrial zones and employees.

Other northern districts, such as Bau Bang, Phu Giao, Dau Tieng, and Bac Tan Uyen, still have substantial land, demonstrating Binh Duong's tremendous development potential.

According to Binh Duong Provincial Party Secretary Nguyen Van Loi, between 2022 and 2030, Binh Duong will concentrate on developing 10,000 hectares of industry along the Ring 4 corridor, creating an industrial, urban, service, and logistics region. and regional highways, in the northern districts and municipalities, continue to develop the industry as a site to transfer businesses to the South (2,888 businesses must be relocated to the North) or re-locate to the North. Restructured and set aside approximately 2,000 hectares for the urban development and services of Thuan An and Di An cities for them to become regional urban centres and for Binh Duong province to become a large city directly under the central government's control.

The province of Binh Duong has the greatest GDP in Vietnam.

At its 20th session on February 13, 2023, the Standing Committee of the National Assembly resolved to establish Tan Uyen City in Binh Duong province by Resolution No. 725/NQ-UBTVQH15, effective October 10, 2023. Tan Uyen City was founded on the status quo of Tan Uyen town, which had an area of roughly 192 km2, a population of over 466,000, and 12 administrative entities, including 10 wards and 2 communes.

According to the General Statistics Office, out of 63 provinces and cities, Binh Duong will have the highest GDP in the country in 2021, with 7.12 million VND per person per month, which is 1.8 times higher than the national average and represents an increase of 1.71 per cent from 2020.

The average economic growth target for Binh Duong for the period 2021-2030 is approximately 10% per year; GDP per capita is approximately $15,700; and the proportion of the digital economy has reached 30% of GDP. During the years 2031 to 2050, the economy will expand by approximately 5.5 to 6% per year; GDP per capita will reach approximately 31,300 USD, transforming the province into one with a high middle income; and the processing and manufacturing industries will account for 50 per cent of GDP.

Hoang Thu