An overview of Binh Phuoc province

Binh Phuoc is a province in the transitional region of the Central Highlands with the Southeast region; It has a favorable geographical position, abundant natural resources and minerals, and has stable political security. Binh Phuoc is considered as a potential market and an important bridge of the Southern Key Economic Region with Cambodia, Laos, Thailand and the Central Highlands region of Vietnam with over 260 km of border line, 01 of international border gate and 02 of the national border, 110km from Ho Chi Minh City, has an average altitude above 50m above sea level. In the plan, the Trans-Asia railway route through Binh Phuoc province (Saigon - Loc Ninh) with 114 km, connecting 28 countries, is considered as one of the major transport projects of ASEAN to promote the strongly developing the economy, culture and tourism of countries in the region. In addition to the Trans-Asia railway, there is a railway connecting Binh Phuoc and a seaport in Ba Ria - Vung Tau area, connecting more to Dak Nong to address the needs of transporting minerals and agro-forestry products from Binh Phuoc down. seaports in the Southeast for export.

1. Geographical location
Binh Phuoc is a southeastern province, located in the southern key economic region, with 260,433 km of border with the Kingdom of Cambodia. The province is the gateway and the bridge of the Southeast region with the Central Highlands and Cambodia. Specifically, the East borders Lam Dong and Dong Nai provinces; the West borders Tay Ninh and Cambodia provinces; Binh Duong province to the south; the North borders Dak Lak and Cambodia provinces.
 
The province covers 6,871.5 km², including 7 main land groups with 13 soil types, of which forestry land accounts for 51.3% of the total land area of ​​the province. Population of 905,300 people, population density of 132 people / km² (according to 2011 statistics), including many different ethnic groups (ethnic minorities accounting for 17.9%) living in 111 communes , wards and towns (92 communes, 14 wards and 5 towns) in 8 districts and 3 towns.
2. Topographic characteristics
The topography of Binh Phuoc territory is plateau in the North and Northeast, form of mountainous terrain, gradually lower to the West and Southwest.
3. Climate
Binh Phuoc is located in an area characterized by tropical equatorial monsoon with two distinct seasons: rainy and dry seasons. The annual average temperature is high and stable from 25.8 ° C - 26.2 ° C.

II. Natural resources
1. Land resources
Binh Phuoc province has a total natural area of 6,855.99 km², with 7 main soil groups with 13 soil types. According to the classification, the land of high quality or higher has 420,213 ha, accounting for 61.17% of the total natural land area, the average quality land is 252,066 ha, accounting for 36.78% of the natural land area and quality soil. The amount of land used is poor, or requires investment of only 7,884 ha, accounting for 1.15% of the total forest land area. Binh Phuoc's forest plays a very important role in protecting the ecological environment of the Southeast region, helping to regulate the flow of rivers..

2. Forest resources
The total forestry land area of Binh Phuoc province accounts for 351,629 ha, equaling 51.3% of the total land area of the province. Of which, forested land is 165,701 hectares, equal to 47.12% of the forestry land area. The position of Binh Phuoc forest plays a very important role in protecting the ecological environment of the Southeast region, helping to regulate the flow of rivers.
3. Mineral resources
91 mines, ore points and mineral points have been discovered with 20 different types of prospective minerals belonging to 4 groups: fertilizer materials, metals, non-metals, precious and semi-precious stones. In which construction materials (stone, sand, clay, laterite, puzzolan), kaolin, limestone ... are the most promising and important minerals of the province.

III. Economic potential
1. Tourism potential
To develop tourism in association with the protection and embellishment of landscapes and ecological environment of historical relics and places of interest, such as Ba Ra mountain, Suoi Cam lake, Suoi Cam lake, Suoi Lam lake and Bau grass grassland. Lach ... The province has focused on embellishing, repairing and upgrading a number of historical relics such as the base of the Regional Command ... Focusing on building the tourist area of Ba Ra - Mo waterfall (has been investing and constructing 18 km road around Ba Ra Mountain, signed a contract to invest in the cable car with an investment of about 48 billion dong).

2. Comparative advantages
Binh Phuoc has natural and climate conditions, especially high-quality soil, accounting for 61% of the area, which is suitable for high-value industrial crops such as rubber, cashew, coffee, pepper and a annual crops like corn, wheat, beans. This is a basic factor to create a rich source of raw materials to develop the processing and export industry. There are mineral resources, in which it is worth noting that Ta Thiet limestone quarry provides raw materials for production of cement, kaolin, construction stone, clay, bricks and tiles ... to ensure development needs in the province. The province also has great potential for forests and forest land can develop and effectively exploit this potential.
Binh Phuoc is located in a geographical position with favorable conditions for infrastructure, but has been initially formed (telecommunications, electricity, transportation ...) but relatively favorable for development. In terms of electricity, 500 KV electricity has passed, Mo Mo hydroelectric plant with capacity of 150 MW and Can Don hydroelectric plant with capacity of 72 MW are starting to build. Regarding traffic, in addition to the favorable intra-provincial routes, there are also two large national highways running through and connecting Binh Phuoc province with other provinces in the country and Cambodia and especially opening up the direction of socio-economic exchange. Meeting with the Central Highlands and the Southern key economic region. These are the province's outstanding comparative advantages, a premise for the province to develop firmly socio-economic.

The province's strength is industrial trees (cashew, pepper, rubber, cocoa ...), with a total area of perennial plants estimated to be 391,174 hectares by the end of 2012, of which cashew and rubber trees of the province still play a role. capital game of the whole country. The province currently has 18 industrial parks (covering more than 5,211 hectares), concentrated mainly in Chon Thanh, Hon Quan and Dong Phu districts, Dong Xoai town and an Hoa Lu international border-gate economic zone (Loc Ninh district). with a total area of over 28,300ha

Binh Phuoc is an ideal destination and attractive investment environment for domestic and foreign investors, with a series of open, preferential and open policies. The province has abundant resources, abundant clean land, convenient transportation, cheap labor, and a granary of industrial crops and agricultural products ... that has been and is "strong" to attract investors.