The People’s Committee of Da Nang City has recently announced the plan to commence the investment project for the construction and business operations of the infrastructure in Subdivision B of the Nam Thang Binh Industrial Park (IP). The project is led by Nam Thang Binh IP Infrastructure Investment JSC.
According to the plan, Subdivision B of the Nam Thang Binh IP spans approximately 346 hectares, located in Thang Dien and Thang Truong communes (Da Nang City), with a total investment of nearly VND 3,400 billion. The project aims to develop a synchronized and modern technical infrastructure system, laying the foundation to attract secondary investors to the Chu Lai Open Economic Zone and the southern area of Da Nang City.
The project was approved in principle by the Quang Nam Provincial People’s Committee in May 2025 and was included by Da Nang City in the list of projects to be launched in celebration of the 14th National Party Congress. The groundbreaking ceremony is scheduled for December 19th.
To date, the investor has completed several critical items and procedures, including geological and topographic surveys, feasibility studies, construction design drawings, environmental impact assessments, land allocation procedures, and obtaining construction permits for the first phase of the project.
Alongside investment preparations, the investor is collaborating with the Infrastructure Development Center and local authorities to develop compensation, support, and resettlement plans for approximately 570 affected households, ensuring project progress and consensus during implementation.
Aligned with its development strategy, the Nam Thang Binh IP will be built as an eco-industrial park, prioritizing symbiotic industries that minimize emissions, enhance renewable energy use, and promote green landscaping. The park focuses on high-tech sectors such as information technology, telecommunications, electronics, deep processing of silica products, and pharmaceutical and agricultural product processing for export. The project excludes industries with high environmental pollution risks, aiming to apply advanced technologies and generate significant added value.
Mr. Phan Thai Binh, Vice Chairman of Da Nang City People’s Committee (right), and Mr. Le Hung Anh inspect the site before the project groundbreaking.
Nam Thang Binh IP Infrastructure Investment JSC is part of the BIN Corporation ecosystem, founded by Mr. Le Hung Anh, who currently serves as its Chairman. Born in 1986 in Tam Ky, Quang Nam (now Da Nang City), Mr. Le Hung Anh gained widespread recognition as an investor on Season 5 of Shark Tank Vietnam, supporting Vietnamese startups in expanding internationally.
Regarding the project’s direction, Mr. Le Hung Anh stated that the company is committed to attracting secondary investors, particularly foreign-invested enterprises and domestic companies with strong potential, to the southern area of Da Nang City.
“Our goal is to create a modern, sustainable industrial park that positively contributes to industrial production growth, expands local budget revenues, and generates more jobs for local workers in the near future,” Mr. Le Hung Anh emphasized.
The investor also pledged to complete the project on or ahead of the city’s schedule. The company is actively coordinating with local authorities and relevant departments to expedite remaining procedures and tasks, ensuring timely project completion.
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