VINH PHUC APPROVED A PROJECT WORTH 81 MILLION USD TO DEVELOP PHUC YEN INDUSTRIAL PARK

Vinh Phuc Provincial People's Committee on March 5 granted investment certificates for the construction of the Phuc Yen Industrial Park project worth of 2 trillion VND (81 million USD) for the two companies.


These are SHINEC Joint Stock Company and Vinh Phuc International Service and Industrial Zone Joint Stock Company.

This project, located in Phuc Yen city, covers an area of 111.3 hectares, with a proposed 50-year operational period.

According to the committed schedule, the investment in infrastructure construction is expected to be completed from the second quarter of 2025 to the first quarter of 2027, and put into operation from the second quarter of 2027.

PhucYen Industrial Park will have a synchronous and modern technical infrastructure system. This industrial park targets projects in the fields of mechanical engineering, precision engineering, medical equipment, and electrical equipment, with modern and advanced technology to minimize environmental pollution.

The industrial park is expected to be one of the vibrant, high-quality investment destinations, promising to contribute significantly to the socio-economic development of Vinh Phuc province.

This industrial park has a convenient location, about 35 km from Hanoi center,nearly 10 km from Noi Bai airport, 150 km from Hai Phong port and Cai Lan port and adjacent to Noi Bai - Lao Cai highway.

In recent years, Vinh Phuc province has been steadfast with its sustainable development strategy. It has been accelerating the adjustment and planning of industrial parks in the direction of specialization, environmental friendliness, and intelligence, gradually building model industrial parks with synchronous and modern infrastructure.



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