Italy’s Fordenone and Emilia Romagna provinces will invest in high-tech agricultural production, processing and industrial projects in Binh Duong province.
The commitment was made at the signing of a cooperative agreement between Binh Duong province and the two Italian regions in Binh Duong on May 29.
The signing was witnessed by Le Thanh Cung, chairman of the provincial administration, Alessandro Criani, governor of Fordenone, and Albertto, President of the Emilia Romagna Chamber of Commerce.
Binh Duong welcomes Italian investors and creates the best possible conditions for them to operate in the locality, Cung assured his Italian guests.
Albertto said Italy currently has five projects in Binh Duong that are operating efficiently.
He said 90 Italian automobile, high-tech, and processing businesses are keen to invest in Vietnam and consider Binh Duong a key destination for carrying out their projects.
A delegation from two Italian regions and representatives from the Italian Chamber of Commerce also visited the My Phuoc Industrial Zone and Binh Duong industry-services and urban area complex.
Binh Duong is one of the leading Vietnamese localities in attracting foreign investment. It has so far licensed 2,160 investment projects capitalized at more than US$18 billion from 35 countries and territories.