HAI PHONG – ATTRACTING NEW PROJECTS FROM DOMESTIC AND FOREIGN INVESTORS

Three foreign-invested projects and one domestic project with colossal investment capital have just been granted investment certificates by Hai Phong City with a huge investment capital of nearly 91 million USD for three projects in 2 industry zones and one domestic project with a means of almost 12,793 billion Vietnam Dong (nearly 540 million USD), in which, two foreign investment projects in the energy sector have been granted investment certificates by Hai Phong Economic Zone Management Board in DEEP C Hai Phong II Industrial Zone.

Image: Center of Haiphong city

Investor Starcharge Energy Pte. Ltd. (Singapore) invested in the project of Starcharge energy equipment factory, providing products of DC vehicle charging station and AC vehicle charging station, electric storage device, with a capacity of 273.000 products/year, 100% export to overseas market. With a total investment of 330.96 billion VND (equivalent to 14 million USD), the scale of using lanes is 1.4 hectares. The project is expected to be completed and officially implemented in the second quarter of 2024.

The second is the HW Energy Project, with a total investment of more than 1,161.95 billion VND (equivalent to 49.55 million USD), deployed on an area of 5.5 hectares of investor HW International Investment Holdings Pte. Ltd produces alkaline batteries and zinc-carbon batteries, with a capacity of 34 tons of products/year, 100% export to foreign markets; the project is expected to start construction in the fourth quarter of 2023 and officially operate from the first quarter of 2025.

In addition, a project awarded an investment certificate on this occasion is Thinking Electronic Vietnam of Thinking Electronic Industrial Co., Ltd. The project will be deployed in Nam Cau Kien industrial zone, using 4 hectares of land. The project aims to produce electronic components, with a total investment of 27 million USD.

To celebrate the 68th anniversary of Hai Phong Liberation Day and the city's major events in 2023, attracting investors and issuing investment registration certificates at this time are of great significance and are the driving force to promote the city's further development in the future. Moreover, there are projects in electronics and energy, showing innovation, catching up with production trends in the high-tech sector, and creating favourable conditions for investors.

Hai Phong also granted the investment certificate to Saigon Newport Corporation to carry out the investment project to build Wharf No.7 and No.8 at the Lach Huyen Wharf area of Hai Phong seaport. The project is to create two container terminals with a total length of 900 m (each berth is 450 m long), receiving container ships from 12,000 Teus to 18,000 Teus, with a total investment of about 12,793 billion VND, the expected capacity of goods passing through the port is about 1.9 million TEUs/year. The land and water use scale are approximately 79.86 ha, including the ship parking area and the water area connected to the navigation channel, about 22,332 ha. This is also a project to attract labour resources; it is expected that 600 workers will be recruited to serve this large-scale project. Along with equipment for exploitation, loading and unloading of goods, port protection works, and warehousing system..., the project also has a 200 m long barge berth, receiving ships with a capacity of 160 Teus that will be built in This. The new construction of Wharfs 7 and 8 will directly serve Xuan Cau Industrial Park and Non-Tariff Zone.

After completed construction, the Lach Huyen port area will become an international gateway port, contributing to improving the cargo capacity of Hai Phong seaport, affirming its role as an important traffic hub and main sea gate of the northern provinces, connecting the region with the region and the world, serving as a pedestal for Hai Phong to develop breakthroughs.

In the first five months of 2023, there were 17 newly licensed foreign investment projects in the area, besides nine capital increase projects, total investment capital of 498.55 million USD, equaling 95% of the same period last year 2022.


Vietnam maps showing administrative units, sources of critical raw materials and industrial zones locations.