The province, known as the tea capital of Vietnam, aims to enhance the construction and infrastructure investment of industrial zones and clusters, as per Thai Nguyen province’s master plan for the period 2021-2030, approved by the Prime Minister.

Song Cong II Industrial Zone in Thai Nguyen province.

The newly proposed industrial zone area will cover 1,599 hectares, bringing the total industrial zone area in the plan to 4,245 hectares, nearly three times the size of the established industrial parks.

Under the master plan, Thai Nguyen aims to develop and expand 11 industrial parks and a concentrated information technology park by 2030.

The four newly proposed industrial parks include Yen Binh 2, Yen Binh 3, Thuong Dinh and Tay (West) Pho Yen industrial-urban-service complex in Pho Yen city, of which the latter has the largest planned area of 1,128 ha, comprising 868ha of industrial park land and 260ha of urban-service land.

These industrial zones will be situated along crucial road systems connecting Hanoi and the Thai Nguyen-Bac Giang-Vinh Phuc region, making them ideal locations for high-tech and green technology investment.

Moreover, Thai Nguyen province aims to develop 41 industrial clusters covering an area of 2,067 hectares by 2030, with 12 new clusters to be located in Thai Nguyen city, Song Cong city and other districts.

Over the past decade, Thai Nguyen has become a leading magnet for attracting foreign direct investment in the North thanks to its investor-friendly business environment, transparent policies and strategic location.

As of the end of February 2023, the region has already secured 173 projects with a total registered capital exceeding 10.3 billion USD. The province is targeting to attract 900 million USD in foreign direct investment capital this year.

Bac Giang hastens public investment projects, industrial parks

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Vietnam Korean industrial park fully occupied

(BGO) -  All industrial areas of Vietnam – Korean industrial park in Viet Yen district (Bac Giang province) are hired by sub-businesses though some items are under completion stage.

Bac Giang reviews and removes obstacles in building industrial clusters

(BGO) – On the morning of March 27, Vice Chairman of the Bac Giang provincial People’s Committee (PPC) Phan The Tuan chaired a meeting to review the project execution progress to develop industrial clusters in the province.

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First phase of expanded Hoa Phu industrial park to be cleared in August 2023

(BGO) – The Vice Chairman of Bac Giang provincial People’s Committee (PPC) Phan The Tuan has recently worked with the People’s Committee in Hiep Hoa district about the project execution progress to invest and build the infrastructure of Hoa Phu industrial park and first phase of expanded Hoa Phu industrial park.

Source: VNA