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The Attraction Of A Coastal Province
Located adjacent to the Southern Key Economic Region, with a natural area of over 7,810 km2 and 192km of the East Sea coastline, Binh Thuan province is less susceptible to natural weather disasters and enjoys the significant advantage of busy international shipping lanes. Binh Thuan is a “magnet” of investment attraction into the region.
In particular, an increasing synchronous investment in transportation infrastructure contributes to the development of the province, enabling Binh Thuan to clearly stand out. Becamex remains committed to promoting industrial and urban investments that elevate the province’s profile.
Binh Thuan At A Glance
Strategic Location
Adjacent to the Southern Key Economic Region, bordering Lam Dong and Ninh Thuan provinces to the North, Dong Nai province to the West, Ba Ria – Vung Tau province to the Southwest and facing the East Sea towards the East and Southeast.
200km
From Ho Chi Minh City
250km
From Nha Trang city
120km
From off the coast Phu Quy island to Phan Thiet city
192km
Long coastline and 52,000 km2 of the territorial sea
Ideal for Marine Transportation
Ideal for both domestic and international marine transportation
Approximately 1,231,000 people (2021).
GRDP growth rate of 4.54% (2020) compared to below 4% for many provinces and cities in Vietnam.
GDP reached nearly 82,000 billion VND in 2020.
7.15 billion USD in FDI capital, up 6.7% over the same period last year.
Total state budget revenue of 10,935 billion VND in 2020, reaching 101.7% of the estimate (exceeding 185 billion VND).
Ranked 34th of Vietnam in terms of PCI index (2020).
Phan Thiet airport is a grade 4E airport, with a total construction area of 542 hectares. The airport supports international flight operations with a 3,050m long runway and contributes to the resilient socio – economic development of the locality and the region.
North – South expressway project through Binh Thuan has a total length of 160km and is considered important connectivity for Binh Thuan economic activities to thrive in the future. After completion, this expressway will connect with the Ho Chi Minh City – Long Thanh – Dau Giay expressway, Long Thanh Airport and key economic provinces in the South.
Dau Giay – Phan Thiet expressway project is also a part of the North – South expressway project, the country’s backbone road transportation infrastructure, through the Binh Thuan and Dong Nai provinces.
