The People’s Committee of south-central Binh Dinh province has given the go ahead to an investment policy for infrastructure construction and trade  at the projected Binh Nghi industrial park (IP), with a total investment capital of around VND901.3 billion ($34.5 million).

The IP will cover 207.67 hectares at Binh Nghi commune, Tay Son district.

Of the total capital, the investor – the Binh Nghi IP Infrastructure Investment and Development Ltd.Co – will contribute nearly VND135.2 billion ($5.18 million), while the rest will come from commercial loans.

Infrastructure construction for the IP is scheduled to start in the first quarter of 2026 and complete by the end of 2028.

Under the provincial planning, Binh Dinh is expected to have 15 IPs by 2030 with a total area of 6,714 ha.

In the first quarter of 2025, local IPs attracted 13 industrial production projects with a combined registered investment capital of over VND5.37 trillion ($206 million).