Becamex IDC (BCM) stands to gain from the merger of Binh Duong into Ho Chi Minh City, creating a large super city that helps revive the real estate market. BCM, with its extensive land bank and notable urban projects, will increase its value due to its strategic location. Upcoming industrial parks, adding 840 ha of commercial land, may start operations from 2026. Although land rental prices may increase slightly, demand remains high. The planned metro line from Suoi Tien to Thu Dau Mot, expected to complete by 2028, will shorten travel time from Binh Duong to Ho Chi Minh City, attracting more residents. The Becamex Green City project is projected to generate substantial cash flow in the coming years. Despite facing tax pressures from the US, foreign direct investment in Binh Duong remains positive with developing infrastructure. VCBS forecasts BCM’s revenue will grow significantly in the coming years.
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