Thuy Nguyen Industrial Park has officially broken ground, marking a new development milestone for Hai Phong’s industrial real estate market as FDI capital continues flowing strongly into Vietnam. With a total investment of approximately VND 4 trillion, a scale of nearly 250 hectares, and a strategic location within the core of the Dinh Vu – Cat Hai Economic Zone, the project is expected to become a new growth driver for industry, logistics, and supply chain development in Northern Vietnam.
Thuy Nguyen Industrial Park Officially Breaks Ground with Nearly 250 Hectares
On May 14, 2026, as part of Hai Phong’s series of major infrastructure projects celebrating important national events, Taseco Land officially launched construction of Thuy Nguyen Industrial Park (Phase 1).
Project highlights:
- Total investment: approximately VND 4 trillion
- Project scale: nearly 250 hectares
- Industrial land and warehouse space: more than 167 hectares
- Land allocated for high-tech enterprises: approximately 30%
- Location: Bach Dang, Nam Trieu, and Hoa Binh wards, Hai Phong
The project represents a strategic expansion by Taseco Land in building a comprehensive industrial – logistics – industrial real estate ecosystem in Northern Vietnam.
Why Is Thuy Nguyen Industrial Park Considered a Strategic Project?
Prime Location in the Core of Dinh Vu – Cat Hai Economic Zone
One of the biggest advantages of Thuy Nguyen Industrial Park is its strategic positioning.
The project is located in central Thuy Nguyen, within the core of the Dinh Vu – Cat Hai Economic Zone, widely regarded as one of Northern Vietnam’s most dynamic industrial and logistics growth hubs.
This location offers major advantages such as:
- an established industrial ecosystem
- integrated supply chain connectivity
- a favorable investment environment
- strong logistics accessibility
This area has also consistently attracted major international FDI investors.
Adjacent to VSIP Hai Phong
The project is located near VSIP Hai Phong, a well-established industrial park with stable operations and strong occupancy.
This creates strategic benefits including:
- supply chain integration
- expanded industrial ecosystem
- stronger regional logistics support
- increased attractiveness for global investors
This synergy strengthens Northern Hai Phong as a large-scale industrial cluster.
6 Competitive Advantages of Thuy Nguyen Industrial Park
1. Strategic Transportation Connectivity
The project has direct access to major infrastructure in Northern Vietnam:
- Lach Huyen Deep-Sea Port
- Cat Bi International Airport
- Hanoi – Hai Phong Expressway
- Hai Phong – Ha Long – Mong Cai Expressway
- National Highway 10
This connectivity is highly attractive for export manufacturers, logistics firms, and high-tech enterprises.
2. Large Land Allocation for High-Tech Manufacturing
Approximately 30% of the project’s land is reserved for attracting:
- electronics manufacturing
- semiconductor businesses
- advanced technology companies
- smart manufacturing
- clean industrial production
This aligns with Vietnam’s strategy of attracting higher-quality FDI.
3. Modern Integrated Infrastructure
The project features comprehensive infrastructure including:
- 110kV power substation
- wastewater treatment plant with capacity of 7,300 cubic meters per day
- synchronized internal road network
- complete water supply systems
- technical service centers
This infrastructure is designed to support large-scale industrial investors.
4. Green Industrial Park Model
The development is designed as a modern industrial park balancing productivity and sustainability.
Key environmental features:
- nearly 29 hectares of green space
- approximately 7 hectares of water surface
- maximum construction density capped at 70%
This aligns with ESG standards and sustainable industrial development trends.
5. Attractive Investment Incentives
Because the project is located within the Dinh Vu – Cat Hai Economic Zone, investors may benefit from:
- corporate income tax incentives
- import tax incentives
- land rental incentives
- investment procedure support
- preferential facility leasing policies
These incentives improve competitiveness compared with many other industrial parks.
6. Experienced Developer
Taseco Land has prior experience in industrial real estate development.
Its successful implementation of projects such as Taseco Dong Van 3 Industrial Park demonstrates:
- strong project execution capability
- operational expertise
- market credibility
- tenant attraction capability
Impact on Hai Phong’s Industrial Real Estate Market
Expanding High-Quality Industrial Supply
The addition of nearly 250 hectares increases Hai Phong’s supply of modern industrial land.
This comes at a time when:
- industrial leasing demand remains strong
- FDI continues flowing into Northern Vietnam
- global supply chains are restructuring
Strengthening FDI Attraction
International investors typically prioritize:
- strong logistics positioning
- modern infrastructure
- clear incentive policies
- efficient investment procedures
Thuy Nguyen Industrial Park offers all of these advantages.
Supporting Logistics Ecosystem Growth
Beyond manufacturing, the project will also support:
- warehousing
- supporting logistics services
- multimodal transportation
- industrial services
- export supply chains
Hai Phong Industrial Real Estate Outlook 2026–2035
With multiple growth catalysts including:
- Thuy Nguyen Industrial Park
- VSIP Hai Phong
- Lach Huyen Port
- Cat Bi Airport
- regional expressway infrastructure
- high-tech FDI inflows
Hai Phong is expected to remain one of Northern Vietnam’s most attractive industrial real estate markets.
Conclusion
The groundbreaking of Thuy Nguyen Industrial Park, with a total investment of VND 4 trillion, is not only a strategic move by Taseco Land but also a significant boost for Hai Phong’s industrial real estate market.
With its strategic location, modern infrastructure, attractive incentives, and green industrial park orientation, the project has strong potential to become a major FDI destination in Northern Vietnam over the coming decade.
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