The selection of CEO Group to implement one of the first projects in the Hai Phong FTZ not only demonstrates the company's capabilities and reputation, but also positions the Group as a pioneer in realizing the new institutional model through concrete projects on the ground.
Tien Lang Airport Industrial Park – Zone B covers an area of 186,49 hectares with a total investment of nearly VND 2.800 billion. The project is developed by CEO Industrial Park Development Joint Stock Company (CEO IP) – a member of CEO Group. The project is oriented towards developing a new generation industrial park model: Green – Smart – Sustainable, prioritizing the attraction of high-tech, low-emission, high value-added, and environmentally friendly industries.
Strategically located at the heart of the industrial and logistics network in Northern Vietnam, the project sits on the Ninh Binh – Hung Yen – Hai Phong – Quang Ninh coastal expressway, near the Nam Do Son deep-water port and adjacent to the planned Tien Lang International Airport, creating a rare "one point – five connections" advantage: road – rail – air – inland waterway – sea.
In particular, its location within the Southern Hai Phong Economic Zone and the Hai Phong Free Trade Zone gives CEOZone Hai Phong a "double advantage" in terms of infrastructure and institutions. Incentives regarding procedures, taxes, customs, attracting experts, and encouraging R&D make the project an attractive destination for high-tech, low-emission, high-value-added investors in the context of the restructuring of global supply chains.
The Hai Phong Free Trade Zone (FTZ) is being developed as a new institutional space where Vietnam is experimenting with a development approach based on the quality of capital flows, technological content, value chains, and innovation, instead of the low-cost investment attraction model. The FTZ offers a range of superior incentives, including streamlined investment procedures, automated customs, long-term tax incentives, attracting international experts, and strong encouragement of R&D, high technology, and clean production.
In its development strategy, CEO Group identifies next-generation industrial park infrastructure as a pillar of long-term growth, alongside Real Estate, Construction, and Services. CEOZone Hai Phong is the first project in the Group's strategy to develop 500 to 1.000 hectares of next-generation industrial parks in the coming period.
According to Dr. Doan Van Binh, Chairman of the Board of Directors of CEO Group, when operational, the project is expected to attract approximately $1,5 billion in secondary investment, create about 20.000 jobs for local workers, increase the budget, and promote the development of the industrial-logistics-urban ecosystem in the southern part of Hai Phong city; thereby making a practical contribution to the socio-economic development of Hai Phong.
This is one of the projects that Hai Phong city is particularly interested in and prioritizes for implementation, aiming to anticipate the trend of global supply chain shifts and form a new growth engine zone alongside traditional development axes such as Dinh Vu - Cat Hai or VSIP - Thuy Nguyen; it is also identified as one of the key projects to celebrate the 14th National Congress of the Communist Party of Vietnam.
The upcoming groundbreaking ceremony for CEOZone Hai Phong is not only a milestone in CEO Group's investment, but also a crucial first step in realizing the Hai Phong Free Trade Zone in practice, contributing to shaping a new industrial development model for Vietnam towards quality, sustainability, and deep integration into the global value chain.
Source: CEOGroup
