Secretary of the Party Committee of northern Nam Dinh province Dang Khanh Toan granted an investment certificate to the investor of Hai Long Industrial Park (VSIP Nam Dinh) project on March 12 in Singapore.

The certificate was granted to the Vietnam Singapore Industrial Park Joint Venture Co., Ltd (VSIP) on the occasion of the official visit to Singapore by Vietnamese Party General Secretary To Lam.

The project aims to construct and operate infrastructure of the industrial park on an area of approximately 180 ha, located in Giao Long and Giao Chau communes, Giao Thuy district.

The total investment capital for the project is nearly VND2.25 trillion ($88.2 million), with the investor's contributed capital accounting for VND337.4 billion (over $13.2 million).

The project is expected to commence in the third or early fourth quarter of 2025 and complete all infrastructure by the fourth quarter of 2027.