Becamex Tokyu Co., Ltd (BECAMEX TOKYU) was established in March 2012 as a joint venture between Tokyu Corporation and Becamex IDC Corp., two major corporations in Japan and Vietnam,respectively. The purpose of Becamex Tokyu Co., Ltd. is to developed a 110 hectares in Binh Duong New City called Tokyu Binh Duong Garden City. Tokyu Binh Duong Garden City is well located in Binh Duong New City spanning more than 110 hectares. The project broke ground in March 2012 with an initial investment of approximately $1.2 billion USD. Once completed, it will consist of over 7,500 apartment units, residential townhouses,commercial areas, and office spaces. Tokyu Binh Duong Garden City is in close proximity to Thu Dau Mot (10 km) and Ho Chi Minh City (30 km).