A joint venture between Terra Vietnam JSC and Japan’s Daiwa House Industry has announced plans to invest in the development of a smart, sustainable industrial park in northern Ninh Binh province, aiming to attract both Japanese and international investors.
During a working session with provincial authorities on December 9, representatives of the two companies highlighted their strengths in industrial park infrastructure, logistics, urban development, housing, commercial services, social housing and factory construction.
The proposed industrial park, to be located in Phong Doanh commune, will cover approximately 180 hectares. It will be developed with green and circular infrastructure, including rooftop solar systems, dedicated solar power facilities, rainwater reuse technology, circular wastewater treatment, and ESG-compliant waste management. Smart digital infrastructure will also be integrated throughout the park.
Strategically positioned, the industrial park will offer convenient access to ports, airports, and highways, and will be connected to nearby urban areas and services to meet the needs of professionals and workers. The project aligns with Ninh Binh's orientation toward attracting industries suited to global supply chains and high-tech development.
If approved, construction is expected to begin in 2027.
Google translate