At a recent meeting between Chairman of the People's Committee of Hue City, Mr. Nguyen Khac Toan, and representatives from the Vietnam-Singapore Industrial Park Joint Venture Company Limited (VSIP), the latter expressed its desire to explore and implement industrial infrastructure projects in the central city, aiming to bring international standards and long-term benefits to the locality by 2026.
VSIP stated that it will invest in the construction and business of infrastructure at Hue's La Son Industrial Park – Zone 01 under the green – smart – sustainable model, prioritizing modern infrastructure, digital management, and comprehensive business support services. The company emphasized its focus on attracting high-value-added industries such as clean technology production, electronics, deep processing, supporting industries, logistics, and high-tech sectors, aligning with the global supply chain shift.
The project has a total estimated investment of approximately VND7 trillion (equivalent to about $280.4 million).
At the meeting, Mr. Toan acknowledged and appreciated VSIP's interest in Hue. He emphasized that VSIP is a strategic partner, accompanying the city in economic development, expanding industrial space, and contributing to sustainable growth. The city leaders commits to creating favorable conditions and supporting businesses throughout the research, implementation, and exploration of the project to ensure quick and effective progress, he said.
Currently, besides La Son Industrial Park, Hue City has five other industrial parks, namely Phu Bai, Phong Dien, Tu Ha, Phu Da, and Quang Vinh.
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