The Ba Ria-Vung Tau Provincial People’s Committee recently held a working session with a delegation from the WHA Group, a leading Thai company specializing in logistics services and industrial park infrastructure.

Ms. Jareeporn Jarukornsakul, Chairman of the Executive Committee and Group CEO of the WHA Group, told the session that with strengths in areas such as logistics, industrial real estate, utilities and energy, and digital transformation, the Group has invested in many large-scale projects in Vietnam.

WHA’s direction in the time to come is to develop smart eco-industrial parks, investing at least $1 billion in industrial park infrastructure projects over the next five years. With many of its customers being large multinational corporations in global supply chains, it plans to successfully attract secondary projects with total investment of over $5 billion into these industrial parks.

Ba Ria-Vung Tau has recently approved its provincial planning, in which Chau Duc district has an area planned for industrial development covering 4,200 ha. “Chau Duc district has good development potential,” Ms. Jarukornsakul said. “The Group therefore proposes investing in a 1,200 ha smart eco-industrial park in the area.”

Speaking at the working session, after clarifying the potential of attracting investment to Ba Ria-Vung Tau, Mr. Nguyen Van Tho, Chairman of the Ba Ria-Vung Tau Provincial People’s Committee, said the province has a good impression of Thai investors in the region and warmly welcomes the WHA Group’s investment plans.

Regarding this proposed project, he said investment attraction efforts will be conducted openly and transparently, and the provincial government welcomes and supports reputable and capable investors with projects that contribute to local development and create employment opportunities.

WHA entered Vietnam in 2017 and has one operational facility, the WHA Industrial Park in the north-central province of Nghe An. The industrial park has attracted two major investments from Foxconn and Sunny Optical, covering 40 and 56 ha, respectively. WHA is also planning to make investments in the neighboring province of Thanh Hoa.