“Leading Sports Shoe Manufacturer Eyes Expansion in Ha Tinh Province”
Mr. Tieu Thuy Phan, Chairman of Dai Loi Pho Group, briefed the provincial leaders about the group’s operations and investment plans during the meeting. Dai Loi Pho Group, established in 1993, specializes in developing and supplying materials for sports shoe manufacturing. Currently, the group operates over 10 factories in Vietnam.
Due to the increasing orders and labor shortages in some areas, Dai Loi Pho Group intends to expand its production to Ha Tinh province. Mr. Phan shared that after surveying several industrial clusters (CCN) in the province, the group was impressed by the Lac Thien CCN in Duc Tho district, which met their criteria for labor force and geographical location.
The group plans to invest $100 million in a new factory covering an area of approximately 30 hectares in the Lac Thien CCN. This factory is expected to create employment opportunities for 4,500–5,000 local workers. Additionally, the group intends to establish another workshop within a 20-kilometer radius of the CCN after the initial workshop becomes operational.
Dai Loi Pho Group seeks support from the provincial leaders and relevant authorities in land compensation and legal procedures. They also request favorable tax policies as they embark on this expansion project.
Ha Tinh province offers a strategic location, convenient transportation, ample industrial land, and a large workforce. In addition to the industrial parks in the Vung Ang Economic Zone and the Cau Treo International Border Gate Economic Zone, the province has planned five industrial parks covering approximately 1,287 hectares and 45 industrial clusters with a total area of 1,892 hectares by 2030.
The Lac Thien CCN in Duc Tho district is allocated 30 hectares and is envisioned to expand to 60 hectares after 2030. Its advantageous location along National Highway 15 makes it a desirable site for investors.
Mr. Vo Trong Hai, Chairman of the Provincial People’s Committee, emphasized the province’s eagerness to collaborate with domestic and foreign groups, enterprises, and investors to promote industrial production projects. He assured the group of the province’s commitment to providing the most favorable conditions for investors.
The Chairman assigned the Duc Tho District People’s Committee, the Department of Industry and Trade, the Department of Planning and Investment, and other relevant departments to guide and support the investor in implementing the project as per regulations for a mutually beneficial outcome.
During the meeting, the provincial leaders and the group’s representatives discussed Ha Tinh’s potential, advantages, and investment policies. They also expressed their hopes for future cooperation, anticipating more projects in the province in the coming time.
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