With the advantage of a population of more than 3.4 million people, of which more than 1.6 million are of working age, along with advantages in natural conditions, synchronous transportation, and modern industrial park infrastructure, Nghe An deserves to be an attractive environment for investors.
Clip: Thanh CuongVSIP Nghe An Industrial - Urban and Service Park project is located at the western gateway of Vinh City, only 5 km from Vinh airport, about 4 km from Vinh city center with surrounding arterial roads such as National Highway 1A, National Highway 46A, National Highway 46B and Vinh - Cua Lo Boulevard. Photo: Thanh CuongAs of June 2024, VSIP Nghe An Industrial Park has attracted 47 projects (including 27 FDI projects). Currently, 31 projects have initially come into operation, creating jobs for more than 18,000 workers, 7 projects are under construction and 9 projects are in the process of implementing investment procedures. Photo: Thanh CuongInvestors from countries and territories such as Japan, Korea, Singapore, China, Hong Kong, Taiwan, Sweden... have come to invest in VSIP Industrial Park. Photo: Thanh CuongThe leased land area of 242.81 hectares has an occupancy rate of 97%. It is expected that when all factories in VSIP Industrial Park are put into operation, it will create jobs for about 70,000 workers. Photo: Thanh CuongDuring the development process, VSIP has transformed from a traditional industrial park into an Industrial - Urban - Service Complex with a synchronous master plan towards clean and green development, Singaporean standards in Vietnam, combining human, environmental and industrial production factors with a green vision and steadfast strategic planning for a common sustainable development for the whole community. Photo: Thanh DuyAlong with that, the synchronous, complete and modern technical infrastructure is completed before customers come into operation (road system, electricity supply, water supply and drainage, wastewater treatment, fire protection...) and green trees create the image of an environmentally friendly industrial park. Photo: Thanh CuongWith a total area of 2,100 hectares upon completion, WHA IZ 1 - Nghe An Industrial Park will be a large industrial park with international standard infrastructure in the North Central region of Vietnam, connecting production, manufacturing and distribution centers to serve domestic and international markets. Located in the Southeast Economic Zone with special incentive policies, WHA IZ 1 - Nghe An Industrial Park Phase 1, with an area of 498 hectares and an international standard infrastructure system, will meet the needs of industrial investors along with residential and commercial projects. Photo: Thanh CuongAfter 6 years of implementation, phase 1 has been completed and phase 2 is currently under construction with a land use scale of 354.5 hectares. Photo: Thanh CuongAt WHA Industrial Zone 1 - Nghe An, 32 investment projects with a total registered investment capital of VND41,361 billion, equivalent to 1.65 billion USD, have been attracted. Photo: Thanh CuongLocated in the North of Nghe An province is the Hoang Mai I Industrial Park Project, which was approved by the Prime Minister for the planning orientation of the Nam Thanh - Bac Nghe region. The total area of Hoang Mai 1 Industrial Park is 264.77 hectares, of which the land use ratio for industrial construction is 180.95 hectares, accounting for 68.34%. Photo: Thanh CuongWith advantages in nature, society, transportation and infrastructure focused on synchronous development, the province's investment and business environment has been actively innovated, meeting the needs of investors, Hoang Mai Industrial Park is ready to welcome the wave of FDI capital flow, aiming at the goal of developing a prosperous and beautiful homeland. Photo: Thanh CuongHoang Mai I Industrial Park has an occupancy rate of 82%, with typical projects of large investment scale of Juteng Group (120ha, total investment capital of 200 million USD), Hoa Loi (13.9ha, total investment capital of 56 million USD), Runergy (30ha, total investment capital of 440 million USD). It can be said that Hoang Mai I Industrial Park in particular and Hoang Mai town in general have been gradually appearing on the investment attraction map for foreign investors when researching and choosing project investment locations in Nghe An in particular and Vietnam in general. Photo: Thanh CuongThe project to invest in construction and infrastructure business of Tho Loc Industrial Park phase 1, invested by VSIP Nghe An Company Limited, was approved in principle by the Prime Minister in February 2023. The project area is 500 hectares, of which phase 1 is 300.2 hectares, phase 2 is 199.8 hectares; the total investment is more than 3,826 billion VND. Photo: Thanh CuongAccording to the report of VSIP Nghe An Company Limited, there are currently about 10 secondary investors, with a land fund demand of about 150-200 hectares, who have been working to research and implement investment in Tho Loc Industrial Park (phase 1). Of which, 4 investors have signed a Memorandum of Understanding on investment with an area of over 120 hectares, with a total investment of about 1 billion USD, creating jobs for about 50,000 local workers. It is expected that by the end of 2025, the occupancy rate of Tho Loc Industrial Park will be about 150 hectares/415.78 hectares of industrial land and by the end of 2026, the project will be fully occupied. Photo: Thanh Cuong
