The Management Board of Economic and Industrial Zones of Thua Thien Hue Province has officially announced a call for investors to register for the implementation of the "Investment, Construction, and Infrastructure Development Project of Industrial Zone No. 2" located in the Chan May – Lang Co Economic Zone.
The project will be developed in Phu Loc District, Thua Thien Hue Province, with the primary goal of establishing a comprehensive industrial infrastructure system to attract both domestic and international secondary investors.
According to the approved plan, the total investment capital is estimated at VND 1,020 billion (approximately USD 40 million), of which at least 15% (VND 153 billion) must come from the investor’s own equity. The project will cover an area of approximately 204.2 hectares, with an operational period of 50 years from the date of investment approval.
The project implementation timeline is expected to span 35 months. Specifically, from Q1/2025 to Q1/2026, the investor will complete investment procedures and carry out land clearance and compensation tasks. The construction of infrastructure is scheduled from Q1/2026 to Q4/2027, with the entire project anticipated to be operational by Q4/2027.
Prospective investors must meet legal requirements under Vietnam’s real estate and investment laws. This includes maintaining a minimum equity capital of 15% of the total investment and demonstrating the financial capacity to mobilize the remaining capital. Additionally, investors should have proven experience in managing or co-financing infrastructure development projects for industrial zones or other real estate ventures of similar nature.
Investment proposals must be submitted before 4:00 PM on 5 May 2025 to the Management Board of Economic and Industrial Zones of Thua Thien Hue at No. 01 Le Lai Street, Vinh Ninh Ward, Hue City.
According to the Management Board, Thua Thien Hue currently hosts 178 active investment projects across its economic and industrial zones, with total registered capital reaching VND 154.861 trillion. Among them, 114 projects are in operation, while 50 projects are undergoing investment preparation or construction.
With strategic geographical advantages, improving infrastructure, and flexible investment policies, Thua Thien Hue is positioning itself as a transparent and business-friendly environment. The province is committed to supporting investors and aims to become a key economic hub in Central Vietnam.