Hoa Tam Industrial Park Infrastructure Development JSC has announced the Environmental Impact Assessment (EIA) report for the investment project in constructing and operating the infrastructure of Hoa Tam Industrial Park (IP) – Phase 1, covering nearly 492 hectares in Hoa Tam Commune, Dong Hoa District, Phu Yen Province (now part of Hoa Xuan Commune, Dak Lak Province).
The project was approved by the People’s Committee of Phu Yen Province in the 1/2000 zoning plan on July 12, 2024, and received investment approval along with investor confirmation on May 23, 2025.
The construction area of the industrial park is bordered to the east by the Phuoc Tan – Bai Nga Road and Bai Got Mountain, to the west by Hoa Xuan Dong IP, to the south by Giu Kinh Mountain and Hon Ba Mountain, and to the north by Da Nong River.
Project Location. Source: EIA
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The current planning status of the project area primarily consists of rice fields, with most residential structures being temporary or makeshift shelters interspersed with agricultural land. Outside the IP, there are several residential buildings and schools to the north, along with a few scattered graves, which facilitate the planning process. The project does not require resettlement but will involve land compensation and clearance.
 Current Landscape of the Project. Source: EIA
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According to the pre-feasibility study report, the IP aims to attract industries such as iron and steel production, non-ferrous metal manufacturing, metal casting and processing, metal forging, stamping, pressing, rolling, and powder metallurgy, as well as metal treatment, coating, coke production, and related auxiliary industries.
The total investment capital exceeds VND 4.188 trillion, including VND 628 billion in investor equity and VND 3.560 trillion in mobilized capital. The project is expected to create jobs for approximately 34,000 workers.
The project’s operational period is 70 years, starting from the date of land allocation or lease by the competent authority. Construction of the IP infrastructure is scheduled for completion by May 2029, followed by operation and exploitation.
As per the 1/2000 zoning plan approved in July 2024, Hoa Tam IP spans 1,080 hectares, divided into three zones: Zone A (approximately 492 hectares), Zone B (over 423.7 hectares), and Zone C (over 164.4 hectares).
Hoa Tam Company was established in July 2024 with a charter capital of VND 680 billion, 99.98% of which is held by Hoa Phat Group (HOSE: HPG).
– 2:54 PM, December 2, 2025
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