Song Cong II Industrial Zone in Thai Nguyen province. (Photo: VNA)
Thai Nguyen (VNS/VNA) – The northern province of ThaiNguyen is planning to establish 16 new industrial zones and industrial clustersfrom now until 2030.
The province, known as the tea capital of Vietnam, aims to enhancethe construction and infrastructure investment of industrial zones andclusters, as per Thai Nguyen province’s master plan for the period 2021-2030,approved by the Prime Minister.
The newly proposed industrial zone area will cover 1,599 hectares,bringing the total industrial zone area in the plan to 4,245 hectares, nearlythree times the size of the established industrial parks.
Under the master plan, Thai Nguyen aims to develop and expand 11 industrialparks and a concentrated information technology park by 2030.
The four newly proposed industrial parks include Yen Binh 2, Yen Binh3, Thuong Dinh and Tay (West) Pho Yen industrial-urban-service complex in Pho Yencity, of which the latter has the largest planned area of 1,128 ha, comprising868ha of industrial park land and 260ha of urban-service land.
These industrial zones will be situated along crucial road systemsconnecting Hanoi and the Thai Nguyen-Bac Giang-Vinh Phuc region, making them ideallocations for high-tech and green technology investment.
Moreover, Thai Nguyen province aims to develop 41 industrialclusters covering an area of 2,067 hectares by 2030, with 12 new clusters to belocated in Thai Nguyen city, Song Cong city and other districts.
Over the past decade, Thai Nguyen has become a leading magnet forattracting foreign direct investment in the North thanks to itsinvestor-friendly business environment, transparent policies and strategiclocation.
As of the end of February 2023, the region has already secured 173projects with a total registered capital exceeding 10.3 billion USD. Theprovince is targeting to attract 900 million USD in foreign direct investmentcapital this year./.
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Song Cong II Industrial Zone in Thai Nguyen province. (Photo: VNA) 
