This is the Thang Long II Industrial Park in Nguyen Van Linh commune, Hung Yen province.
Recently, during the visit to Vietnam by the Chairman of the National Assembly of Cuba, Esteban Lazo Hernández (from September 30 to October 5), a high-level Cuban delegation visited and worked at Nestlé Bong Sen Company and Thang Long II Industrial Park.
Here, the Chairman of the National Assembly of Cuba highly appreciated the modern development of Nestlé Bong Sen Company, the synchronized infrastructure investment at Thang Long II Industrial Park, and the strong foundation for attracting foreign investment in this industrial park.
According to TTXVN, Mr. Nguyen Minh Duc, Deputy General Director of Thang Long II Industrial Park Co., Ltd., shared that the Sumitomo Group (the investor of Thang Long Industrial Park in Vietnam) is currently developing and operating 10 industrial parks in 6 countries.
In Vietnam, Sumitomo has 5 industrial parks located in Hanoi, Hung Yen, Thanh Hoa, Quang Tri, and Vinh Phuc (now Phu Tho) provinces, with mainly Japanese investors. These industrial parks produce electrical and electronic products; auto and motorcycle parts; metal products, mechanical processing; plastic and rubber products…
Among them, Thang Long II Industrial Park (in Hung Yen) was established in 2006, with a total area of 527 hectares. To date, this industrial park has 82/90 investors from Japan. Additionally, there are companies from Vietnam, South Korea, Switzerland, etc., with a total investment capital of 3.2 billion USD, creating jobs for 27,000 workers and positively contributing to local economic development.
Furthermore, Sumitomo’s representative shared that, with the strength of Japanese-quality infrastructure, Thang Long II Industrial Park Co., Ltd. always provides the best conditions for investors operating in the industrial park. The company is currently prioritizing renewable energy, having installed a rooftop solar power system reaching 80MWp; it is expected to reach 100MWp by 2025 to serve operations in Thang Long II Industrial Park, aiming for green and sustainable development.
What did the Cuban leader express a desire for?
Chairman of the National Assembly of Cuba speaking at the meeting with Thang Long II Industrial Park Co., Ltd. Photo: TTXVN
During this visit, the Chairman of the National Assembly of Cuba introduced Cuba’s economic development potential. He noted that, despite challenges due to the embargo policy, Cuba will expand many industrial parks in the coming time, broaden cooperation, and enhance foreign investment attraction with specific preferential mechanisms and policies.
In particular, the Chairman of the National Assembly of Cuba expressed a strong desire and expectation that many enterprises, including the Sumitomo Group (the investor of Thang Long Industrial Park in Vietnam), will visit, explore the investment environment, and eventually participate in investing and developing industrial park infrastructure in Cuba.
Earlier, on October 4, the Chairman of the National Assembly of the Republic of Cuba, Esteban Lazo Hernández, and the high-level Cuban delegation visited and worked in Hung Yen province. During this meeting, the Cuban delegation and Hung Yen province exchanged and shared experiences in socio-economic development, investment attraction, state management, administrative governance, and high-tech agriculture development…
Chairman of the National Assembly of Cuba visiting and working in Hung Yen on October 4. Photo: TTXVN
Hung Yen province currently has an area of over 2,500 km² and a population of over 3.2 million people. The province has formed numerous industrial zones and clusters, attracting thousands of domestic and foreign enterprises, becoming an attractive destination for investors.
Currently, there are 904 foreign investment projects from countries and territories, including Japan, South Korea, China, Taiwan (China), Hong Kong (China), the U.S., with a total registered capital of 16.2 billion USD.
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