Authorities in northern Ninh Binh Province have approved an investment policy and selected an investor for the Ha Nam High-Tech Park infrastructure development project, a major initiative aimed at attracting advanced technology and modern industrial investment to the province.
The project will be developed by Vietnam-Singapore Industrial Park Urban and Industrial Development Joint Stock Company (VSIP).
The high-tech park will span approximately 628.36 hectares across Tran Thuong, Nhan Ha, and Nam Ly communes. The project aims to build and operate modern infrastructure to support the establishment of high-tech and advanced industrial ventures.
Total investment is estimated at nearly VND5.99 trillion (about $235 million), including VND898.5 billion in investor equity, with the remaining VND5.09 trillion to be mobilized from other funding sources.
The project will have an operational term of 50 years from the date the land is allocated or leased. Construction is scheduled to begin in 2026 and continue through the second quarter of 2032, with a planned building period of 60 months.
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