On May 27, the People's Committee of Binh Dinh province announced that it had issued a decision approving the investment policy and allowing the implementation of the Binh Nghi Industrial Park Infrastructure Construction and Business Project in Binh Nghi commune (Tay Son district).
The project has a scale of more than 207 hectares, invested by Binh Nghi Industrial Park Infrastructure Investment and Development Company Limited, with a total investment capital of more than 900 billion VND. Of which, the investor's contributed capital is more than 135 billion VND, the rest is commercial loans. The project has a working period of 50 years, expected to be completed in 45 months and put into operation from December 2028.
Binh Nghi Industrial Park is oriented to develop according to a modern industrial park model, synchronous technical infrastructure, meeting current standards and regulations.
According to the plan, by 2030, Binh Dinh will have 15 industrial parks with a total area of about 6,714 hectares. To date, 9 IPs 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 capital of more than VND 5,378 billion.
In addition, the Phu My Industrial Park Infrastructure Project (phase 1) has just been approved for investment, with a scale of 436 hectares, with a total investment capital of more than VND 4,569 billion.