The 1.2-hectare facility includes a modern two-story manufacturing workshop and a dedicated Research and Development (R&D) center, with a design capacity of 5GWh per year.
The FEZ is envisioned as a strategic hub for research and development (R&D), high-tech applications, new energy, and comprehensive logistics services—including seaports, airport infrastructure, and resort townships.
The 24.8-km route is expected to promote linkages among industrial parks and urban areas across the northern province and the wider Red River Delta region.
The northern province is studying the establishment of a Free Economic Zone, modeled after its Thai Binh Economic Zone, with plans under review by relevant departments and consulting units.
The Hung Yen Free Economic Zone is expected to become one of the most dynamic and friendly economic zones for investors, particularly those from overseas.