May 15, 2026 | 14:00

Construction of $130m IP commences in Hai Phong

Mai Hoàng

The northern port city's new industrial park is expected to be ready to welcome first investors in the fourth quarter of 2026.

Construction of $130m IP commences in Hai Phong

Authorities in the northern port city of Hai Phong and Hoa Phat Group on May 14 officially broke ground on the Hoang Dieu Industrial Park, a nearly VND3.4 trillion (approximately $130 million) project aimed at strengthening northern Vietnam’s industrial and logistics infrastructure.

The project spans 245 hectares in Gia Phuc commune and is being developed by Hoang Dieu Industrial Park Infrastructure Development JSC, a subsidiary of Hoa Phat Group.

Located within northern Vietnam’s key economic zone, the IP offers strategic connectivity, with direct access to the Hanoi–Hai Phong Expressway and National Highway 37. The site is approximately 55 km from Hanoi's center, 60 km from Dinh Vu Port, 85 km from Noi Bai International Airport, and 35 km from Gia Binh International Airport in northern Bac Ninh province, providing investors with convenient access to major production and logistics networks across the region.

The project is designed to provide industrial land, ready-built factories, warehouses, and office space, with priority given to high-tech manufacturers, supporting industries, and logistics companies.

According to the project timeline, the first phase of technical infrastructure is expected to be completed and handed over to the first investors in the fourth quarter of 2026.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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