Phu Binh Industrial Park is planned to become a production and logistics center for the northern midland and mountainous region.
On December 19, 2025, Kinh Bac City Development Corporation (KBC) held a groundbreaking ceremony for the investment, construction, and operation of infrastructure in the Phu Binh Industrial Park, Thai Nguyen province. This is one of 245 projects and works across 34 provinces and cities that will commence or be inaugurated on December 19 to celebrate the 14th National Congress of the Communist Party of Vietnam.
The Phu Binh Industrial Park project covers an area of 675 hectares in the communes of Phu Binh, Tan Hoa, and Kha Son in Thai Nguyen province, and boasts an extremely advantageous location.
– Located adjacent to the Ring Road 5 connecting Thai Nguyen with the capital Hanoi and the provinces of Phu Tho, Ninh Binh, Hung Yen, Hai Phong, and Bac Ninh.
– Located 10 km (10-minute drive) from the Hanoi – Thai Nguyen expressway via the Yen Binh interchange;
– Located 40 km from Noi Bai International Airport (30-minute drive);
– Located 23km from Da Phuc Port (25-minute drive);
– Located 65km from Hanoi (50-minute drive);
– Located 130km from Hai Phong Port (2 hours and 10 minutes travel time);
– Located 140 km from Huu Nghi border gate (2 hours 30 minutes travel time);
Besides the advantage of a well-developed transportation infrastructure and convenient connectivity to Hanoi, Bac Ninh, and other key trade routes, Phu Binh Industrial Park also leverages Thai Nguyen province's abundant and high-quality workforce. Thai Nguyen province has numerous training institutions: universities, colleges, and vocational schools. Generally speaking, the workforce is a major strength of Thai Nguyen province, particularly its focus on training highly skilled technical and technological personnel. This is one of the advantages in attracting high-tech industrial projects such as electronics, manufacturing, and semiconductors. The province's workforce (aged 15 and above) is approximately 610-620 thousand people.
The Phu Binh Industrial Park is planned to become a production and logistics center for the northern midland and mountainous region. The project prioritizes attracting high-tech industries, processing and manufacturing, energy production, and new materials, leveraging its connectivity with Hanoi and surrounding areas, contributing to the industrialization and modernization strategy of Thai Nguyen province and the region.
The Phu Binh Industrial Park is strategically positioned to attract high-quality FDI capital into Thai Nguyen province. Kinh Bac Corporation focuses on attracting FDI corporations and businesses operating in the fields of electronics, information technology, high technology, automobile and component manufacturing, precision mechanics, new materials, renewable energy, and supporting industries. These are all key manufacturing sectors aligned with Thai Nguyen province's modern industrial development orientation, ensuring advanced technology, environmental friendliness, and high added value.
Attracting and implementing large-scale FDI projects in Phu Binh Industrial Park will create a strong ripple effect, forming a synchronized production-service ecosystem, promoting the development of industrial service sectors, logistics infrastructure, and local supply chains.
At the same time, these projects will contribute to creating thousands of new jobs, increasing people's income, boosting budget revenue, and making a positive contribution to the sustainable socio-economic development of Thai Nguyen province.
Source: CafeF electronic newspaper
