The People’s Committee of Hai Phong has officially approved the investment policy and selected the investor for the Construction and Infrastructure Business Project of Tran Duong – Hoa Binh Industrial Park (Zone A) – Phase 1, covering an area of 207.95 hectares. This marks a significant milestone in Hai Phong’s new development strategy.

The investment registration certificate for the project was awarded at the Hai Phong Investment Promotion Conference 2025, held on July 15, as part of the Third Meeting Week of the APEC Business Advisory Council (ABAC 3).

Hai Phong awarded investment certificates and signed MOUs for cooperation, with a total registered capital of up to USD 15.5 billion.

Tran Duong – Hoa Binh Industrial Park is located within the Southern Coastal Economic Zone of Hai Phong and was established under Decision No. 1511/QD-TTg dated December 4, 2024, by the Prime Minister. The site borders Provincial Road 354 and connects via a main axis road to District Road 17A, which links directly to the coastal highway currently under construction, connecting Quang Ninh and Hung Yen (formerly part of Thai Binh province). Over 70% of construction work on the road has already been completed. Once finished, the road will significantly shorten travel time to Cat Bi Airport, Dinh Vu Port, and Lach Huyen Deep-Sea Port.

Phase 1 of Tran Duong – Hoa Binh Industrial Park (Zone A) has a total investment of over VND 3,259 billion, with a project duration of 50 years from the date of investment policy approval. It is designed to become a high-tech industrial complex aligned with Hai Phong’s vision of a smart city, green industry, and sustainable energy transition. The project is invested by Titan Hai Phong JSC, an affiliate of GELEX Infrastructure JSC.

Representative of Titan Hai Phong JSC receiving the investment registration certificate for the project.

At the 2025 Investment Promotion Conference, Hai Phong leaders reaffirmed their commitment to building an enabling and service-oriented government that supports every investor and business activity. Mr. Le Tien Chau, Member of the Party Central Committee and Secretary of Hai Phong Party Committee, emphasized: “We will continue to invest heavily in strategic transportation infrastructure, ensure transparency in administrative procedures, and place investor convenience and satisfaction as the key metric of public service effectiveness – making Hai Phong a truly reliable partner for investors now and into the future.”

Today, Hai Phong is steadily developing a comprehensive investment ecosystem and affirming its role as one of Vietnam and the region’s top strategic, safe, and attractive investment destinations. The city is opening a new chapter in attracting high-quality capital flows, contributing to the realization of its goal to become a modern, civilized, and sustainable industrial city.