Thai Hoa Town - 'good land' attracting investors

The landing of the "big guys"

Thai Hoa mountain youth town.

After 10 years of establishment, Thai Hoa Town has transformed dramatically into a bustling urban center. The Bau Sen Forest Park, the West and East banks of Hieu River, Vincom Thai Hoa, 3/2 Street, the road connecting National Highway 1A, ... have been built to change the urban appearance.

Thai Hoa town is the first district-level unit recognized to have completed the National Target Program on New Rural Development in the North Central region in 2016. The economy has developed surprisingly with impressive figures that are difficult for any mountainous locality to achieve (average growth rate of 7.26%). From 2016 to present, the town has attracted 30 investment projects; with a total registered investment capital of thousands of billions of VND.

Industry and services are identified as the spearhead, accounting for 83.8% of the economic structure. This place gathers a series of the largest and second largest factories and industrial parks in the province: Nghia My Industrial Cluster with an area of ​​70 hectares; Hi-Tex Garment Factory of Korea with an area of ​​4 hectares, total investment capital of 4 million USD; Tay Hieu Industrial Cluster with an area of ​​44 hectares is also being planned...

High-tech agriculture is being applied strongly. Large modern projects have emerged one after another such as: building a raw material area of ​​TH Dairy Food Joint Stock Company with an area of ​​37,000 hectares, with an investment capital of over 1.2 billion USD; Vinamilk dairy farm construction project with an area of ​​36 hectares... These projects are and will strongly promote the natural strengths to help Phu Quy land change its appearance.

The sector with the strongest growth in recent years is real estate. This market has a special attraction for a series of "big guys". Notable among them is Vingroup - the number 1 real estate group in Vietnam; is pouring hundreds of billions of VND to build the largest commercial center in the Western region of Nghe An. TNR also quickly seized the opportunity with the projectTNR Stars Thai Hoa urban area area28.96 hectares.

TNR project in Thai Hoa town. (Project perspective image)

Commenting on the Thai Hoa real estate market, Mr. Dang Trung Kien - Director of Tam Que Real Estate Floor said: "Thai Hoa is considered a new destination with great potential, not inferior to Vinh city. While the land fund in Vinh city is increasingly limited, the market with great potential in Thai Hoa will naturally attract real estate investors."

These large economic groups have opened up a dynamic economic area, creating a new look, contributing positively to the overall development of the locality. The presence of "famous" investors has also created a very clear ripple effect of a new wave of investment for Thai Hoa Town.

Comprehensive development of young townThai Hoa today.

Explaining the attraction of young urban areas in the Western region of Nghe An

It is no coincidence that a series of large corporations that are "picky" in appraisal and have the ability to exploit and explode the market converge in a young city.TX.Thai Hoa plays the role of a core urban area, a key development area of ​​the Nam Thanh - Bac Nghe economic region. Therefore, the town is oriented to become a model, civilized, modern, and most livable city in the region by 2025.

This young urban area is identified as the "heart" of 11 districts in the Western region of Nghe An. It is the most important "link", the traffic hub, the exchange, and the socio-economic development of the region. Thai Hoa Town is only about fifteen minutes away from the 5-star Muong Thanh eco-tourism complex. This is also a fertile basalt land with great potential for agricultural and forestry development.

It is the place where many vital routes are concentrated: National Highway 1A, Ho Chi Minh trail, National Highway 48, 48E, 48D, 15A; Thai Hoa - Hoang Mai route. The infrastructure is synchronous, developed and invested in upgrading with many large projects such as Hieu 2 bridge worth 210 billion VND...; All of these create important levers that open up opportunities for development.

In particular, Thai Hoa Town has always been a leader in the province in innovating working style and manners, removing inappropriate barriers and rolling out the red carpet to welcome investors. The town's goal is to build a transparent and equal investment environment that not only attracts attention but also retains investors for a long time. The government and people are united in building the urban area on the banks of the Hieu River into a civilized, modern and most livable city in the region.

It can be said that Thai Hoa Town is converging strong advantages and is ready to become an ideal destination for investors.“The "dragon" of the Western Nghe An region is being awakened, turning this place into a promised land; a most livable land.