CEO Industrial Park Development JSC (CEO IPD) has released an environmental impact assessment (EIA) report for the infrastructure development project of Tien Lang Airport Industrial Park (IP) – Zone B, Chan Hung Commune, Hai Phong City.
On June 24, 2025, the Hai Phong People’s Committee approved the 1/2000 scale construction zoning plan for Tien Lang Airport IP, covering nearly 451.7 hectares, including Zone A (over 256 hectares) and Zone B (nearly 186.5 hectares). The park is envisioned as an eco-friendly, high-tech industrial hub focusing on electronics, electrical appliances, and supporting industries.
The Tien Lang Airport IP project is divided into smaller sub-projects, including the infrastructure development of Zone B, located within the Hai Phong Southern Economic Zone.
On July 15, 2025, the Hai Phong People’s Committee approved the investment policy for Zone B and designated CEO IPD as the project developer.
The project site is bordered by the coastal road (under construction) to the south, Zone A and residential areas to the east, and existing residential areas and agricultural land to the north and west.
 Distance diagram to residential areas and other factors. Source: CEO IPD
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The project area primarily consists of agricultural land, aquaculture ponds, and irrigation channels in Chan Hung Commune. A smaller portion includes rural residential areas, village roads, and cemeteries.
Source: CEO IPD
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The total investment is over VND 2.795 trillion, with VND 419 billion (15%) contributed by the investor and the remaining VND 2.376 billion raised through financing.
The project timeline spans from 2025 to 2027. CEO IPD aims to complete investment procedures and receive partial land handover in Q4/2025, with groundbreaking expected by year-end. Infrastructure construction will take place from Q1/2026 to Q4/2028, and the project will be commissioned in phases starting from Q1/2027.
Established in June 2025, CEO IPD is headquartered in Hanoi with a charter capital of VND 450 billion, 99% owned by CEO Group (HNX: CEO). This marks CEO Group’s 10th subsidiary. Mr. Cao Van Kien serves as the legal representative and CEO.
CEO Group invests nearly VND 450 billion in industrial park subsidiary
– 4:22 PM, October 22, 2025
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