According to the project registration files opened in late December 2025, the investment project for the construction and operation of the infrastructure of Chan May Industrial Park (IP) and the Chan May Duty-Free Zone No. 01, spanning 238.5 hectares with a total investment of over VND 1.452 trillion, attracted only one investor: Chan May Infrastructure JSC.
Similarly, the Chan May IP and Duty-Free Zone No. 02, covering 267.6 hectares with a total investment of nearly VND 2.326 trillion, also received a single investor: a consortium between Kim Long Hue Industrial Infrastructure Investment LLC and Kim Long Motor Hue JSC.
Both projects are located in Chan May – Lang Co commune. The construction and operation timeline is set at no more than 24 months from the land lease agreement and handover. At the time of registration, investors must prove a minimum equity of 15% of the total investment.
Who are the investors?
Chan May Infrastructure JSC was established in December 2024, primarily operating in the real estate sector. With a charter capital of VND 300 billion, it has three founding shareholders: Mr. Nguyen Van Thien (91%), Mr. Bui Vo Cong (CEO and legal representative, 4.5%), and Mr. Dinh Chung Thanh (4.5%).
Mr. Bui Vo Cong also represents several other entities, including Xuan Thien Ninh Binh LLC, Xuan Thien Thanh Hoa 11 JSC, Xuan Thien Thanh Hoa 5 JSC, Xuan Thien Thanh Hoa 6 JSC, and Suoi Sap 1 Hydropower JSC. He serves as Deputy CEO of Xuan Thien Group, chaired by Mr. Nguyen Van Thien.
Source: Xuan Thien Group
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The consortium investor, Kim Long Hue Industrial Infrastructure Investment LLC, was founded in 2022 with a capital of VND 250 billion, increased to VND 500 billion in November 2025. Owned by Kim Long Motor Hue, it is led by Mr. Truong Dinh Trung as CEO and legal representative.
Kim Long Motor Hue, established in 2018, specializes in auto parts manufacturing, assembly, vehicle sales, and industrial park infrastructure. Initially capitalized at VND 500 billion, its founding shareholders include Kim Long Nam JSC (90%), Mr. Nguyen Hai Dang (5%), and Mr. Nguyen Tri Dung (5%). By September 2025, its charter capital increased from VND 4.127 trillion to VND 4.727 trillion. Mr. Nguyen Huu Luan chairs the board, and Mr. Dao Viet Anh serves as CEO.
Kim Long Motor Hue is the developer of the Kim Long Motor Hue Auto Manufacturing IP, with a Phase 1 area exceeding 600 hectares in the Chan May – Lang Co Economic Zone.
Previously, the consortium submitted a bid for IP No. 02, covering 204 hectares with an investment of VND 1.845 trillion, also in Chan May – Lang Co commune.
Kim Long Motor Hue consortium submits VND 1.8 trillion IP bid in Chan May – Lang Co
– 17:31 16/01/2026
