According to data from the People's Committee of Binh Phuoc Province, in the first 7 months of the year, the province attracted 11 projects, with a capital of nearly 97 million USD, reaching 24.22% of the year plan. Up to now, the province has 416 FDI projects with a total investment capital of 4 billion 332 million USD.
Currently, Binh Phuoc prioritizes the development of small-scale industrial parks with an area of less than 500 hectares and medium-sized industrial parks with an area of from 500 hectares to less than 1,000 hectares; not to develop industrial parks that are too large with an area of over 1,000 hectares. Orientation to 2030 to become a modern industrial development province, the province strengthens calling for and connecting investment in the industrial sector.
The province's transport infrastructure is being directed by the provincial leaders to strengthen inter-regional and local connections; develop expressways connecting Binh Phuoc province with localities in the region. Including the expressway projects in Ho Chi Minh City. Ho Chi Minh City - Chon Thanh; The North-South expressway in the west of the Gia Nghia (Dak Nong) - Chon Thanh section will be built and put into operation, which will break the monopoly of National Highway 14, connecting the Central Highlands and the Southern Key Economic Region.
The province is striving to create jobs for 43,000 people in 2024, the rate of trained workers is 67%, and the unemployment rate in urban areas remains below 3%. In the long run, the targets for labor quality in the area will be increased even higher.
Binh Phuoc is located in the Southern Key Economic Region, bordering Binh Duong, Dong Nai are provinces with a thriving industry; is the gateway connecting the Southeast region with the Central Highlands and Cambodia. The advantages of geographical location, natural conditions, synchronous economic and social infrastructure, abundant land fund, and flexible investment attraction policies are advantages for this locality to attract investors to pour in capital.