In January 2025, Deputy Prime Minister Tran Hong Ha signed a decision on the investment policy for the construction and infrastructure business investment project of Kim Thanh 2 Industrial Park (phase 1). The project is invested by Hung Yen Investment and Development Joint Stock Company.

Kim Thanh 2 Industrial Park has a total planned area of about 509 hectares – the largest industrial park project in Hai Duong province so far. Phase 1 of this industrial park covers an area of about 235 hectares, implemented in Dai Duc and Tam Ky communes (Kim Thanh district).

In recent times, Kim Thanh district (Hai Duong province) and related units are urgently promoting land retrieval and compensation support to soon hand over the site to the investor of Kim Thanh 2 Industrial Park project.

In terms of progress, in Tam Ky commune, the project has completed the site clearance of 3.85 hectares of agricultural land of 90 households so far.

Meanwhile, in Dai Duc commune, the project will retrieve more than 228 hectares of land from 2,655 households (2,600 households with agricultural land and 55 households with residential land). The site clearance work faces challenges due to diverse and complex land origins, while the commune lacks experience in implementing industrial projects. Up to now, through inspection, the households with land retrieval have basically agreed and highly consented.

It is known that Kim Thanh 2 Industrial Park project (phase 1) has a total investment of over VND 3,400 billion (including about VND 514 billion of investor’s capital). The operation duration is 50 years from the date of approval of the investment policy.

Kim Thanh 2 Industrial Park is located between Hai Duong city and Hai Phong city.

Kim Thanh 2 Industrial Park will specialize in manufacturing supporting industrial products and providing related services for this industry… Modern technical infrastructure will be synchronously invested here, along with a system of social and public works with many utilities including accommodation, commerce, services, culture, sports, health care, and parks. serve workers and employees working in the industrial park.

Master plan of land use of Kim Thanh 2 Industrial Park.

When put into operation, this industrial park is expected to attract large and modern enterprises to invest. From there, it will meet the needs of investing in industrial production development, accelerate the process of industrialization, and create many jobs for workers.

It is known that Hai Duong is one of the provinces with strengths in developing industrial parks in the North with 17 operating projects with a total area of more than 2,700 hectares.

In 2024, the total industrial production value of Hai Duong province reached nearly VND 388,000 billion (up 14.8% compared to 2023). Industry is identified as the key production sector and the most important driving force for the economic development of this province.

According to the planning for the period of 2021-2030, with a vision to 2050, Hai Duong will continue to implement 15 industrial parks when meeting the conditions prescribed by law. By 2030, the total industrial land fund of the province is expected to reach 5,661 hectares (twice as high as the present).

You may also like

Unlocking Investment Potential: Unraveling the Procedural Knot for My Thuy Port’s Future

With an impressive investment of 15 trillion VND and a scale of 10 wharves, My Thuy Port Area is envisioned to be the new driving force for the economic zone in Southeast Quang Tri. However, after more than 6 years of approval, construction progress remains slow due to challenges in land clearance and permit procedures related to mineral exploitation.

Securing the Bid: Unveiling the Enterprise Behind the $450 Million Tu Lien Bridge Project, as Mandated by the Prime Minister for Completion within 24 Months

The winning consortium comprises six esteemed construction firms, both domestic and international. Notably, Vingroup and the Pacific Construction Group from China are part of this esteemed group.

“Transport Infrastructure is the Biggest Bottleneck for the Real Estate Market”

“This was affirmed by experts and enterprises at the NAI Asian Pacific Regional Meeting 2025, hosted by NAIVietnam in Ho Chi Minh City on May 22nd.”

A New Airline Takes Flight: Vietnam’s Seventh Carrier Presents a Golden Opportunity with a Whopping $2.5 Billion Investment

Introducing the seventh airline to join the skies over Vietnam, offering a unique and exceptional flying experience. With an already established aviation industry, this new airline is set to take off and soar above the rest.

Proposing a Special Mechanism to Expedite the Expansion of Phu Quoc Airport Ahead of APEC 2027

“On the afternoon of May 21st, at the Government Headquarters, Deputy Prime Minister Nguyen Chi Dung chaired a meeting regarding the resolution to invest in the expansion of Phu Quoc International Airport. This pivotal decision underscores the government’s commitment to enhancing Vietnam’s aviation infrastructure and boosting tourism in the picturesque island of Phu Quoc.”