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Binh Duong New City World Trade Center to be built

VGP – A World Trade Center (WTC) will be built in the southern province of Binh Duong.

October 02, 2019 4:44 PM GMT+7

According to the information from the Office of the province’s People’s Committee, the World Trade Centers Association (WTCA) has approved that the World Trade Center in BinhDuong will become an official member of the association. 

The formation and development of the Binh Duong New City WTC aims to connect and help local businesses to enhance international trade, develop human resources and attract more investment for real estate projects in the region. 

When completed, the WTC consists of a fair, an international convention center,  hotel, shopping center, office and a Metro connecting with the metro in Ho Chi Minh City-Line No.1. 

Head of the province’s department of planning and investment Nguyen Thanh Truc said that 29 industrial parks and 12 industrial clusters are operating in the province. A total number of 3,674 Foreign Direct Investment (FDI) projects, worth US$34.7 billion have been invested in the province. 

The total newly-registered FDI capital in the province hit US$2.42 billion in nine months, a year-on-year increase of 81%. 

Established in 1970, the World Trade Centers Association (WTCA) consists of a diverse group of approximately 330 World Trade Centers (WTCs) worldwide dedicated to community economic development. WTC owners and sponsors include public and private corporations, economic development agencies, ports authorities and airports, major convention and conference centers, commercial property developers, universities, chambers of commerce, and other international entities looking to connect globally and prosper locally.

In over 90 countries, properties and trade service organizations are exclusively branded ‘World Trade Center’. These entities assist over one million international businesses through their membership and tenancy. Furthermore, WTCs are supported by 15,000 full-time professionals that deliver integrated, reciprocal resources to address international business needs.

By Thuy Dung