On August 28, in Nui Thanh, Da Nang, Thaco commenced construction on the expanded Chu Lai-Truong Hai Automobile Mechanical Industrial Park project. With a total investment of nearly VND 8,000 billion, the new industrial park will span approximately 115 hectares and is expected to be operational between 2027 and 2030. The project is owned by Chu Lai Truong Hai Industrial and Urban Infrastructure Development Investment Company Limited, a wholly-owned subsidiary of THA.
The industrial park aims to become a center for advanced mechanical engineering, producing high-tech components, automation equipment, and smart control solutions. It will adopt a new-generation industrial park model, emphasizing green development, automation, and the integration of digital technology and artificial intelligence (AI). The key factories will focus on manufacturing next-generation components, mechatronics, and automation equipment, utilizing advanced technologies from the US, Germany, Italy, and Japan.
The entire operation will be a closed-loop system, encompassing design, material research, machining, assembly, quality control, packaging, and logistics. Research and development (R&D) is considered the key driver of this project.
According to Mr. Phan Thai Binh, Vice Chairman of the Da Nang City People’s Committee, the expanded Chu Lai-Truong Hai Automobile Mechanical Industrial Park is a significant industrial infrastructure project, creating new capabilities for the key economic region of Central Vietnam.
Once operational, the industrial park is expected to attract new investments in the fields of mechanics, automobiles, components, industrial equipment, smart electrical and electronic equipment, and supporting industries. It will also contribute to increasing localization rates and enhancing participation in regional and global supply chains.
Strategically located with convenient access to the centers of Da Nang, Hoi An, and Tam Ky, the Chu Lai Industrial Park serves as a gateway to the East Sea. Its infrastructure includes a seaport, the Chu Lai airport, national highways, high-speed railways, and roads, providing a solid foundation for rapid expansion, attracting new projects, and solidifying its position as the leading industrial center for mechanics and automobiles in Central Vietnam and the country.
The expanded Chu Lai-Truong Hai Automobile Mechanical Industrial Park project has a total investment of nearly VND 8,000 billion. Source: Da Nang City People’s Committee
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Earlier, on June 18, the People’s Committee of Binh Duong Province (formerly known as the Provincial People’s Committee) approved the investment policy for the specialized mechanical industrial park project of THADICO Binh Duong, a member of the THACO Group. With a total area of 786 hectares and a total investment of over VND 75,000 billion, the project is expected to partially come into operation in September 2026.
The specialized mechanical industrial park will be developed according to a new-generation model, incorporating modern, green, and smart concepts, automation, digital platforms, AI applications, sustainable development, and a circular ecosystem.
– 14:46 29/08/2025
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