Gelex Infrastructure Affiliate Launches $140 Million Industrial Park Project in Hai Phong

Trấn Dương - Hòa Bình Industrial Park (Zone A), Phase 1, spans approximately 208 hectares in Nguyễn Bỉnh Khiêm commune. With a total investment exceeding 3.259 trillion VND, the project is slated for completion by 2029.

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Titan Hai Phong Joint Stock Company has announced the Environmental Impact Assessment (EIA) report for the investment project in constructing and operating the infrastructure of Tran Duong – Hoa Binh Industrial Zone (IZ) (Zone A) – Phase 1.

According to the 1/2000 scale construction zoning plan approved by the Hai Phong People’s Committee on May 9, 2025, the Tran Duong – Hoa Binh IZ (Zone A) covers a total area of approximately 478 hectares, divided into three phases. Phase 1 spans over 207.6 hectares, Phase 2 covers nearly 211.7 hectares, and Phase 3 exceeds 58.2 hectares.

The project is envisioned as an eco-friendly, multi-sector industrial zone, focusing on high-tech industries, supporting industries, and sectors aligned with the development strategy of the Southern Hai Phong Coastal Economic Zone.

Zoning diagram of Tran Duong – Hoa Binh IZ (Zone A). Source: EIA

On June 24, 2025, the Hai Phong People’s Committee issued a decision approving the investment policy and investor for Phase 1 of the Tran Duong – Hoa Binh IZ (Zone A), covering an area of approximately 208 hectares.

The project is located in Nguyen Binh Khiem Commune, bordered to the north by the right embankment of the Thai Binh River; to the south by agricultural land and residential areas of Tay Ham Duong and Dong Ham Duong villages; to the east by agricultural land and residential areas of Village 13; and to the west by Provincial Road 354 and the residential area of Bac Binh Village.

Source: EIA

The current land survey reveals that the project area primarily consists of agricultural land, aquaculture areas, and ponds, ditches, and irrigation channels. The remaining area includes rural residential land, village roads, internal field roads, and cemeteries, which represent a small proportion of the total area.

The total investment capital for the project exceeds VND 3,259 billion, with the investor contributing nearly VND 489 billion, accounting for 15% of the total investment. The project is scheduled for completion by 2029.

Established in March 2025, Titan Hai Phong Joint Stock Company specializes in real estate business. With a charter capital of nearly VND 489 billion, its founding shareholders include Gelex Infrastructure Joint Stock Company (GICC) with 49%, Viconship Industrial Infrastructure and Real Estate Company Limited with 30%, Mr. Nguyen Van Hieu with 11%, and Mr. Nguyen Trong Duc with 10%. The General Director and legal representative is Mr. Ton Manh Dung.

Thanh Tu

– 6:08 PM, January 13, 2026

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