Hai Phong Approves Investment Policy for Two Industrial Park Infrastructure Projects Worth Nearly VND 8 Trillion

The city has officially approved the investment policy for two industrial park infrastructure projects: the Thuy Nguyen Industrial Park and the Tien Lang Airport Industrial Park – Zone B, with a combined value of nearly VND 8 trillion.

On July 14, Mr. Le Tien Chau, Member of the Party Central Committee, Secretary of the Hai Phong Party Committee, and Head of the National Assembly Delegation of Hai Phong City, chaired a meeting of the Standing Committee of the Municipal Party Committee to review and give opinions on the investment policy for the two projects: Phase 1 of the Thuy Nguyen Industrial Park Infrastructure Investment and Development Project and the Tien Lang Airport Industrial Park – Zone B Infrastructure Investment Project.

Attending the meeting were key city leaders including Mr. Do Manh Hien (Permanent Deputy Secretary of the City Party Committee), Mr. Le Ngoc Chau (Deputy Secretary and Chairman of the People’s Committee of Hai Phong), Mr. Le Van Hieu (Deputy Secretary and Chairman of the City People’s Council), Mr. Pham Van Lap (Deputy Secretary and Chairman of the Vietnam Fatherland Front Committee of Hai Phong), members of the Standing Committee, and representatives from relevant departments and agencies.

At the meeting, the Party Committee of the City People’s Committee presented reports and sought opinions from the Standing Committee regarding the investment policy for the two projects:

- Thuy Nguyen Industrial Park Infrastructure Project (Phase 1): Developed by Taseco Hai Phong Industrial Park Joint Stock Company, this project will cover 247.8 hectares across Bach Dang, Nam Trieu, and Hoa Binh wards. The total investment is VND 3,939.7 billion. The implementation timeline includes land clearance from Q3 2025 to Q4 2026, with infrastructure construction to be completed and operations launched from Q4 2028 onwards. - Tien Lang Airport Industrial Park – Zone B Infrastructure Project: Developed by C.E.O Industrial Park Development Joint Stock Company, this project spans 186.4 hectares in Chan Hung commune, within the Southern Hai Phong Coastal Economic Zone. The total investment is VND 2,795.3 billion. The project must be completed within 36 months from the date the State grants land use rights, leases the land, or approves land-use conversion.

After listening to the reports and opinions from members of the Standing Committee, Secretary Le Tien Chau approved the investment policy for both infrastructure projects. He emphasized that the projects must align with the regional and city master plans approved under Decision No. 1516/QD-TTg.

The Secretary tasked the Party Committee of the City People’s Committee with directing relevant departments and investors to: - Prioritize land allocation for high-tech enterprises, small and medium-sized enterprises (SMEs), and innovative startups in accordance with the spirit of Resolution No. 68-NQ/TW dated May 4, 2025, of the Politburo on private economic development. - Ensure that industrial park land use plans include space for worker housing as well as cultural and sports facilities for employees. - Provide guidance to investors on completing procedures for establishing business entities in Hai Phong City.