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SURVEY

Southeast / Binh Phuoc

BINH PHUOC MAP

General information
- Geographic location:The province is in the key economic area of the souththe province is bounded by Đồng Nai and Bình Dương provinces to the south, by Đắk Lăk and Lâm Đồng provinces to the east, by Tây Ninh province to the west, and by Cambodia in the North and North West.
-  Area: 6,873km2.
- Topographic features: Bình Phước is the transition area between the highland and the delta. Therefore, the terrain slopes from north east to south west.
-  Administrative units: Include the town of Đồng Xoài and seven districts of: Bình Long, Bù Đăng, Bù Đốp, Chơn Thành, Đồng Phú, Lộc Ninh and Phước Long.
- Population: 887,441 people
Resources
- Natural resources: The province has rich land suitable for various crops, especially for long term industrial crops of rubber, coffee, fruits, and peppercorn. The province has 198,677.75 ha of forestry land with various species of fauna and flora. There are many mineral, metal mines, especially bauxite with high volume reserve in districts of Bù Ðăng; the stone mines of Bà Rá - Phước Long, Núi Gió - Bình Long, Núi Cẩm - Lộc Ninh, limestone mine of Tà Thiết - Lộc Ninh.
- Tourism: BìnhPhước has places of interest of Trảng cỏ, Bàu Lạch in Bù Đăng district. It is considered as a grassland surrounded by intact forests; Bà Rá tourist area with a lot of beautiful landscapes such as the hill of Bằng Lăng, Hang Dơi cave, Hòn Đá Đen cavern, boat tour in the reservoir of Thác Mơ hydro power plant...; special troops memorial stone, French colonial prison, waterfall of Liêng Hút in Đắc Ơ, regarded as a Đà Lạt in Bình Phước; the eco-tour area of Mỹ Lệ company.
Infrastructure
- Transportation system: The province has a quite good transportation system connecting all of local districts, towns, communes and to neighbouring areas. There are important national highways such as national highway No.14 running to the highland area, national highway No. 13 running to Ho Chi Minh city, Binh Duong and to Cambodia.
- Power supply system: Binh Phuochas Thac Mo hydropower station with the capacity 150MW, Can Don hydropower station with the capacity of 72MW, SrokPhuMieng hydropower station with the capacity of 66MW and some small station. The provincial electricity gridincludingmore than 500km of 500Kv line, 220Kv line, 110Kv line and others covers whole province to supply it with stable electricity.

- Post and telecommunication system:
The system has been expanded and modernized to ensure smooth and wide connection in province. From 2005, the number of telephones increased by 1,074,875. In 2004, there was 8.500 new subscribers, increasing the proportion of telephone usage from 10 set/100people (year 2005) to 130 set/100people (year 2009), and increasing the proportion of connected wards and communes from 93.8% (year 2000) to 100% (year 2009).
- Industrial zone system: BinhPhuochas industrial zones namely Minh Hung (700 hectares), Tan Khai (700 hectares), Dong Xoai (505 hectares), Nam Dong Phu (150 hectares), Bac Dong Phu (200 hectares), Chon Thanh (500 hectares), SaiGon–BinhPhuoc (450 hectares) and Becamex–BinhPhuoc (2,000 hectares).
Economic status
- Growth rate: From 2005 to 2010, BìnhPhước’s economic growth rate was quite high. The growth rate of GDP in the period was 13.2% per year, highest in comparison to other province of the country
Year
2006
2007
2008
2009
2010
GDP (%)
-
14.2
14.0
10.1
18.6

- Economic structure: Continue develop positively but still slowly.

Year
2006
2007
2008
2009
2010
Agriculture-Forestry-Aquaculture (%)
56.66
53.02
51.56
49.97
47.10
Industry – Construction (%)
18.04
21.34
22.38
22.62
24.10
Services (%)
25.3
25.64
26.06
27.41
28.80
 
Investment straction status
1.Investment attraction status: 3,022 projects are running with the capacity of 19,763 billion VND.
2. Foreig investment: 80 projects with the total registered capital of 644.73 million USD. There are 3000 investors investing about 30,000 billion VND into Vietnam. Among them, there are just over 1000 ones investing in the province with the total capital of 650-700 million USD, increasing 3 times. Truong Tan Thieu – the president of Binh Phuoc Committee said the province put a priority on developing industrial zones. 5,211 hectares of clean land will be used for developing industries. The provincial government will lend a hand to investor in case of having problems.

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