The northern province of Ninh Binh continues to solidify its status as an attractive hub for strategic investors, thanks to its thriving industrial zones and robust infrastructure.
Currently, the province boasts seven industrial zones spanning a total area of 1,472 ha. Among these, five zones are operating stably with an impressive occupancy rate exceeding 90%.
This high rate, combined with a favorable investment environment, makes Ninh Binh a prime destination for industries such as mechanical engineering, high technology, and automotive assembly.
The province is home to 120 active investment projects with a total registered capital of VND65.485 trillion (nearly $2.53 billion), employing over 36,000 workers. Notably, 32 foreign direct investment (FDI) projects accounted for $653.55 million of the total registered capital, reinforcing Ninh Binh’s appeal to international investors.
According to Mr. Pham Duc Cuong, Deputy Head of the Management Board of Ninh Binh Provincial Industrial Zones, the board is currently implementing two major infrastructure investment projects, funded through public investment capital. These developments aim to enhance the province’s industrial ecosystem and attract more high-quality investments.
Ninh Binh’s commitment to industrial growth is reflected in its ambitious industrial development plan to 2030. By then, the province expects to expand to 11 industrial zones covering approximately 2,813 ha. The overarching goal is to develop a modern, comprehensive, and environmentally friendly industrial system, seamlessly integrated with urban and service development.