Of the 42 countries and territories investing  in Hai Phong's industrial parks and economic zones, South Korea currently leads in both the number of projects and total registered investment capital.

With 111 projects totaling $13 billion, South Korean investment accounts for over 46% of the total FDI in the northern port city’s industrial zones.

Recently, Jeil Group, a leading South Korean enterprise, held the groundbreaking ceremony for the Jeil Logistics 1 project in Nam Dinh Vu Industrial Park. The project, which received its investment registration certificate at the end of 2022, has a total investment of over $44.5 million and spans nearly 80,000 square meters of land.

According to Jeil Group’s CFO Kim Eun Sook, Hai Phong’s unparalleled advantage of housing the largest deep-water seaport in Northern Vietnam and offering connectivity across five modes of transportation was a decisive factor for the company to establish a state-of-the-art logistics center powered by advanced Korean technology.

Meanwhile, leaders of South Korean enterprises in Trang Due Industrial Park, during a recent working session with a delegation from the Hai Phong Economic Zone Authority, shared that they are accelerating plans for new projects slated for 2025.

The Hai Phong Economic Zone Authority highlighted that South Korea not only leads in total investment capital but also contributes significantly to high-tech industries within Hai Phong. These investments focus on participation in the global supply chain, particularly in sectors such as electronics, automotive parts, and machinery manufacturing.

Mr. Le Trung Kien, Head of the Hai Phong Economic Zone Authority, emphasized that the potential for attracting FDI to Hai Phong remains immense, especially as the Southern Coastal Economic Zone undergoes infrastructure development.