1 district in Binh Dinh consecutively welcomes projects of industrial parks and clusters worth hundreds of billions of VND

Hoài Phương |

Binh Dinh - On May 31, the Provincial People's Committee issued a decision to establish Binh Thanh Industrial Cluster (Tay Son district), with a total investment of more than 320 billion VND.

The industrial cluster has a scale of 75 hectares, including main items such as: Leveling the ground; building an internal traffic system; water supply and drainage system, electricity supply and trees. The investor in the construction of technical infrastructure is Thien Hung My Tho Company Limited. The project is expected to be completed in October 2026, with an operation period of 50 years.

The main industries operating in the industrial cluster include: Agricultural and forestry processing; production of construction materials, mechanical, garment and light industries that do not cause environmental pollution; production of garments; production of leather and related products; processing of wood and products from wood, bamboo, rattan; production of products from straw, rattan and Chinese medicine; production of products from non-ferrous metals, prefabricated metals; production of furniture such as beds, cabinets, tables, chairs, etc.

The People's Committee of Binh Dinh province requires investors to implement projects according to approved planning and progress; carry out investment commitment caches and caches to ensure timely site clearance; at the same time, fully comply with financial obligations and current regulations on investment, land, minerals, forestry, construction, environmental protection, fire prevention and fighting, etc.

After 12 months from the date of selection, if the investor does not implement or is unable to implement the project according to the schedule without a legitimate reason, the Provincial People's Committee will revoke the project and select another investor.

During the implementation process, the investor is not allowed to transfer the project in any form (including selling shares) without the approval of the Provincial People's Committee. If arbitrarily transferred, the Department of Industry and Trade will consider, report and propose to revoke the project.

Previously, on May 23, the People's Committee of Binh Dinh province also approved the investment policy and allowed the implementation of the project to build and operate infrastructure for Binh Nghi Industrial Park in Binh Nghi commune (Tay Son district), invested by Binh Nghi Industrial Park Infrastructure Investment and Development Company Limited. The project has a scale of more than 207 hectares, with a total investment of more than 900 billion VND.

According to the plan, by 2030, Binh Dinh province will have 15 industrial parks with a total area of about 6,714 hectares. To date, 9 industrial parks have been granted investment policies or investment registration certificates. In the first quarter of 2025 alone, industrial parks in the area attracted 13 industrial production projects, with a total investment of more than VND 5,378 billion.

Hoài Phương
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