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Overview of industrial zones in Nghe An

Thanh Cuong August 31, 2024 08:39

With a population of over 3.4 million people, including more than 1.6 million of working-age individuals, along with favorable natural conditions, a well-developed transportation system, and modern industrial park infrastructure, Nghe An deserves to be an attractive environment for investors.

Clip: Thanh Cuong
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The VSIP Nghe An Industrial, Urban and Service Zone project is located at the western gateway of Vinh City, only 5 km from Vinh Airport and about 4 km from the city center, surrounded by major arterial roads such as National Highway 1A, National Highway 46A, National Highway 46B, and the Vinh - Cua Lo Boulevard. Photo: Thanh Cuong
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As of June 2024, VSIP Nghe An Industrial Park had attracted 47 projects (including 27 FDI projects). Currently, 31 projects have begun operations, creating jobs for over 18,000 workers, 7 projects are under construction, and 9 projects are in the process of completing investment procedures. Photo: Thanh Cuong
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Investors from countries and territories such as Japan, South Korea, Singapore, China, Hong Kong, Taiwan, Sweden, etc., have invested in VSIP Industrial Park. Photo: Thanh Cuong
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The leased land area of ​​242.81 hectares has achieved a 97% occupancy rate. It is expected that when all factories in the VSIP Industrial Park become operational, they will create jobs for approximately 70,000 workers. Photo: Thanh Cuong
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During its development, VSIP has transformed from a traditional industrial park into a comprehensively planned Industrial-Urban-Service Complex with a clean and green development orientation, based on Singaporean standards in Vietnam. It integrates human resources, environmental protection, and industrial production with a green vision and steadfast strategic planning for sustainable development for the entire community. Photo: Thanh Duy
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Alongside this, a comprehensive, complete, and modern technical infrastructure is finalized before customers begin operations (road systems, electricity supply, water supply and drainage, wastewater treatment, fire protection, etc.), and green spaces create the image of an environmentally friendly industrial park. Photo: Thanh Cuong
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With a total area of ​​2,100 hectares upon completion, WHA IZ 1 Industrial Park in Nghe An will be a large industrial park with international standard infrastructure in the North Central region of Vietnam, connecting production, manufacturing, and distribution centers serving both domestic and international markets. Located within the Southeast Economic Zone with special preferential policies, Phase 1 of WHA IZ 1 Industrial Park in Nghe An, covering 498 hectares, boasts an international standard infrastructure system to meet the needs of industrial investors, along with residential and commercial projects. Photo: Thanh Cuong
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After 6 years of implementation, phase 1 has been completed, and phase 2, covering an area of ​​354.5 hectares, is currently under construction. Photo: Thanh Cuong
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WHA Industrial Zone 1 in Nghe An province has attracted investment in 32 projects with a total registered investment capital of VND 41,361 billion, equivalent to US$1.65 billion. Photo: Thanh Cuong
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Located in the northern part of Nghe An province, the Hoang Mai I Industrial Park Project was approved by the Prime Minister as part of the planning orientation for the South Thanh Hoa - North Nghe An region. The total area of ​​Hoang Mai I Industrial Park is 264.77 hectares, of which 180.95 hectares (68.34%) is used for industrial construction. (Photo: Thanh Cuong)
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With its natural, social, transportation, and infrastructure advantages being developed comprehensively, the province's investment and business environment is undergoing positive changes to meet the needs of investors. Hoang Mai Industrial Park is ready to welcome the wave of FDI capital shifts, aiming for the development of a prosperous and beautiful homeland. Photo: Thanh Cuong
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Hoang Mai I Industrial Park has an occupancy rate of 82%, with typical large-scale investment projects by Juteng Group (120 hectares, total investment of US$200 million), Hoa Loi (13.9 hectares, total investment of US$56 million), and Runergy (30 hectares, total investment of US$440 million). It can be said that Hoang Mai I Industrial Park in particular, and Hoang Mai town in general, are gradually appearing on the investment map for foreign investors when researching and choosing investment locations in Nghe An province in particular and Vietnam in general. Photo: Thanh Cuong
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The investment project for the construction and operation of infrastructure in Tho Loc Industrial Park, Phase 1, invested by VSIP Nghe An Co., Ltd., received approval in principle from the Prime Minister in February 2023. The project covers an area of ​​500 hectares, with Phase 1 covering 300.2 hectares and Phase 2 covering 199.8 hectares; the total investment is over 3,826 billion VND. Photo: Thanh Cuong
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According to a report by VSIP Nghe An Co., Ltd., there are currently about 10 secondary investors, with a land requirement of approximately 150-200 hectares, who are working to explore and implement investment in Tho Loc Industrial Park (Phase 1). Of these, 4 investors have signed Memorandums of Understanding for investment covering over 120 hectares, with a total expected investment of approximately US$1 billion, creating jobs for about 50,000 local workers. It is projected that by the end of 2025, the occupancy rate of Tho Loc Industrial Park will be approximately 150 hectares out of 415.78 hectares of industrial land, and the project will be fully occupied by the end of 2026. (Photo: Thanh Cuong)
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Overview of industrial zones in Nghe An
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