Northern Vietnam Unveils Model Industrial Park: A “Golden Destination” on Vietnam’s FDI Map

Leading global technology corporations have established a strong presence here, including industry giants such as Autoliv, Foxconn, Lite-On, Yaskawa, and Tamagawa.

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The Song Khoai Industrial Zone (IZ) infrastructure project, developed by Thailand’s Amata Corporation—a leading Asian industrial park developer with a presence in Thailand, Laos, Myanmar, and Vietnam—is set to redefine industrial excellence.

Spanning 686.82 hectares, the Song Khoai IZ allocates 469.36 hectares for industrial land and 8.52 hectares for service areas. With a total investment of VND 3,534.9 billion (USD 155.58 million), this project is a cornerstone of regional industrial development.

Since June 2024, Japan’s Marubeni Corporation has acquired a 20% stake in Amata Ha Long, bolstering the IZ’s financial strength, governance standards, and global connectivity. This partnership is poised to attract leading Japanese and international tech corporations to the zone.

Panoramic view of Song Khoai Industrial Zone.

With robust support from Quang Ninh Province, the IZ has completed critical infrastructure, including Phase 1, 2, and partial Phase 3-4 internal road systems; Amata 1 (3×63 MVA) and Amata 2 (2×63 MVA) substations; a 27,000 m³/day water treatment plant; and a 16,000 m³/day wastewater treatment facility.

Additionally, 412 social housing units in Dong Mai Ward, invested by Jinko Solar, were completed in June 2024, accommodating up to 2,000 workers.

Song Khoai IZ is now Quang Ninh’s top FDI magnet. To date, it has attracted 21 secondary projects, all 100% FDI-funded, with a combined investment of nearly USD 3 billion.

Global tech giants such as Autoliv, Foxconn, Lite-On, Yaskawa, and Tamagawa have established operations here. Of these, 13 projects are operational, employing nearly 4,000 workers, while the remaining 9 are finalizing procedures and construction.

With nearly USD 3 billion in FDI, state-of-the-art infrastructure, and a rapid land development pace, Song Khoai IZ is emerging as a model industrial zone in Northern Vietnam.

The IZ has attracted 21 secondary projects, all 100% FDI-funded.

To ensure timely infrastructure development and sustain investor appeal, Quang Ninh’s provincial authorities are accelerating efforts to complete land clearance by 2025. Dedicated task forces have been deployed to streamline measurement, inventory, and compensation processes in Hiep Hoa Ward.

Song Khoai IZ is fast becoming Northern Vietnam’s premier FDI destination, offering world-class infrastructure, a transparent investment climate, and a steady influx of high-quality capital.

According to Quang Ninh Province, Song Khoai IZ is not only a top FDI hub in the North but also a key driver of economic growth, job creation, and enhanced investment appeal in the region’s new development phase.

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