The attraction of a series of trillion-dong industrial parks in Thai Nguyen

Việt Bắc |

A series of industrial parks with a total investment of thousands of billions of VND in Thai Nguyen have created jobs for hundreds of thousands of workers.

By the end of 2024, 5/11 industrial parks (IPs) have been put into operation with synchronous technical infrastructure in Thai Nguyen province reaching an occupancy rate of nearly 72%. Of which, 3 industrial parks with a 100% occupancy rate are Diem Thuy, Song Cong 2 and Yen Binh.

According to statistics, industrial parks in Thai Nguyen have 317 valid investment projects, of which 178 are of foreign investors with nearly 11 billion USD in registered capital. The industrial parks have created jobs for over 100,000 workers, more than 40% of whom are from other localities.

In Phu Binh district alone, there are 3 industrial park projects with a total area of nearly 1,000 hectares that have been and are about to come into operation. This is considered one of the industrial capitals of Thai Nguyen with a synchronous infrastructure, convenient for connecting to major traffic routes.

Of which, the Yen Binh 1 Industrial Park project with an area of over 400 hectares has been in operation since 2024. This industrial park has now been completely filled and is a place of business headquarters for many large FDI enterprises, contributing significantly to budget revenue and job creation in Thai Nguyen province.

Khu cong nghiep Yen Binh nam canh tuyen cao toc Ha Noi - Thai Nguyen da duoc lap day, phan lon la cac doanh nghiep FDI da cho thay suc hut cua bat dong san cong nghiep tai Thai Nguyen. Anh: Tan Xuan.
Yen Binh Industrial Park located next to the Hanoi - Thai Nguyen Expressway has been filled, mostly FDI enterprises, showing the attraction of industrial real estate in Thai Nguyen. Photo: Tan Xuan.

At the end of April 2025, Yen Binh 3 Industrial Park, with a scale of more than 290 hectares, located in Phu Binh district with a total investment of more than VND 4,100 billion, was officially started. This is a key project in Thai Nguyen's industrial development strategy, expected to create tens of thousands of jobs and attract investment in the fields of high technology, logistics and clean production.

Currently, Yen Binh 2 Industrial Park in Pho Yen City and Phu Binh District, with a land area of 299.07 hectares and a total investment of more than VND 3,650 billion, is also accelerating the site clearance progress. Construction is expected to start in August 2025.

According to the Thai Nguyen Provincial Planning for the period 2021-2030, with a vision to 2050, Thai Nguyen province is planned to have 11 industrial parks and 1 concentrated information technology park, with a total area of 4,245 hectares.

Mr. Nguyen Thanh Hung - Director of Thanh An Industrial Infrastructure Development Company said that the provinces in the Hanoi capital region are assessed to have great potential for industrial real estate development thanks to convenient transport infrastructure.

"In Thai Nguyen, one of the industrial centers of the Northern region has recently approved the investment policy for many large infrastructure development projects. This is a premise to attract potential investors with long-term development strategies," said Mr. Hung.

Currently, Thai Nguyen province has 6 large industrial parks, of which 5 have been put into operation, including Diem Thuy Industrial Park attracting 108 projects, Yen Binh Industrial Park attracting 56 projects, Song Cong 1 Industrial Park attracting 101 projects, Song Cong 2 Industrial Park, phase 1 attracting 38 projects, occupancy rate, Nam Pho Yen Industrial Park (area A, C) attracting 15 projects.

Of which, 178 are FDI projects, with registered investment capital of nearly 11 billion USD and 140 are DDI projects, with registered investment capital of over VND 22.5 trillion.

Việt Bắc
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