With its potential, advantages, and practical investment attraction policies, north central Thanh Hoa province has continued to be an attractive destination for many large-scale projects in the first nine months of 2024.

In the January-September period, the province attracted 94 direct investment projects (including 17 FDI projects), a 36.2% increase compared to the same period in 2023, with a total registered investment capital of VND12.4 trillion (over $503 million) and $367.8 million.

Of which, the industry and handicraft sector attracted 33 projects (including 12 FDI projects), with an investment capital of VND5.18 trillion (over $210 million) and $185.3 million; the trade and services sector attracted 31 projects (5 FDI projects), with a capital of VND570 billion (over $23 million) and $182.5 million; the mining sector attracted 16 projects, with a capital of VND279 billion ($11.3 million); the agriculture sector attracted 5 projects, with a capital of VND203 billion ($8.23 million); and the infrastructure sector attracted 9 projects, with a capital of VND6.19 trillion ($251 million).

Some large-scale projects invested in the north central province in the first nine months of this year, such as: Thanh Hoa staBOO OSB plywood manufacturing plant with an investment of VND3.199 trillion (nearly $130 million), a raw water supply system for urban areas along National Highway 47, and in Thanh Hoa city and surrounding areas, with an investment of over VND2.5 trillion (nearly $102 million), Thanh Hoa 500kV substation in Thieu Hoa district with over VND1.44 trillion ($58.5 million); Sam Son 220kV substation and 220kV Thanh Hoa - Sam Son transmission line with over VND1.3 trillion ($52.7 million).

In the period, the province established two more new industrial clusters, namely Thuan Loc (in Hau Loc district) and Minh Tien (in Ngoc Lac district).