Hai Phong – According to press information, Vinhomes Hai Phong Industrial Park Investment Joint Stock Company, a subsidiary of Vinhomes, is planning to invest in building a new industrial park (IP) project in Kien Thuy district, Hai Phong city.
Detailed information about the project:
- Project name (expected): Tan Trao Industrial Park.
- Location: The project is located in Kien Hung and Nghi Duong communes, Kien Thuy district, in the Southern Coastal Economic Zone of Hai Phong.
- Total investment: About 4.060 billion VND (equivalent to 155 million USD).
- Area scale: 226,79 ha.
- Investor: Vinhomes Hai Phong Industrial Park Investment Joint Stock Company.
Expected progress:
Based on the published environmental impact assessment report of the project, the implementation progress is outlined as follows:
- Quarter II/2025 – End of 2025: Carry out legal procedures and site clearance.
- Quarter I/2026: Start construction of technical infrastructure.
- Quarter II/2030: Put the entire project into operation.
[Additional information] This project is part of Vinhomes' plan to develop two large industrial parks in Hai Phong with a total investment of nearly VND 10.000 billion. Previously, another project, Nam Trang Cat Industrial Park (Hai An district, scale of 200 hectares), was also approved for investment.
Context and meaning:
Vinhomes's push to invest in industrial real estate shows the group's strategic shift. Industrial real estate is now identified as one of the three main business pillars, alongside residential and office real estate.
This move is considered to be in line with the favorable macroeconomic context and the trend of shifting foreign direct investment (FDI) flows into the manufacturing sector in Vietnam, in which Hai Phong is one of the leading localities in the country in attracting FDI. The development of new, modern industrial parks will contribute to meeting the demand for production space, creating more jobs and promoting the city's socio-economic development.
